Virtual Economy

Episode 194: Xbox Gutted (News Show)


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Following strong financial performance in its gaming division, Microsoft is taking a machete to its work force and its future as a serious competitor. Is this the brand's Red Ring of Death? Also, Bungie runs from Marathon, Warner Bros. goes all-in on safe IP, and the labor report hurts even more than usual.

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TIME STAMPS

  • [00:03:59] - Sony Games & Network Services Update
  • [00:16:09] - Marathon Delayed Indefinitely
  • [00:27:51] - Sony Brings Four Games Back to 177 Countries
  • [00:30:18] - Cleer Arc 3 Gaming Review
  • [00:37:52] - Investment Interlude
  • [00:42:27] - Quick Hits
  • [00:59:46] - Labor Report

SOURCES

  • Game & Network Services Segment | Sony
  • Marathon Development Update | Bungie
  • Sony removes regional restrictions on four of its biggest games on Steam | PC Gamer
  • Tencent owns 15% of Helldivers 2 studio Arrowhead, it has emerged | VGC

INVESTMENT INTERLUDE

  • Sensor Tower Acquires Playliner to Expand Live Ops Intelligence Across Mobile Gaming | Sensor Tower
  • Warner Bros. Games Restructures Into Divisions Based on 'Game of Thrones,' Harry Potter, 'Mortal Kombat' and DC Universe | Variety

LABOR REPORT

  • Microsoft Begins Deep Job Cuts Across Xbox Division | Bloomberg (Paywall)
  • Microsoft to lay off as many as 9,000 employees in latest round | Seattle Times
  • Lost Records and Jusant developer Don't Nod is laying off staff | Eurogamer
  • Bloodlines 2 developer The Chinese Room has laid off employees, but Paradox says the game is still coming in October | PC Gamer
  • Hypixel Studios has Canceled Hytale and Will Wind Down | Hypixel Studios on Twitter
  • MindsEye Developer Build a Rocket Boy Begins Layoff Process Amid Disastrous Launch, Studio Sources Say | IGN
  • MindsEye Dev's UK Workforce of Around 300 Receive At-Risk Emails as Former GTA Lead Leslie Benzies Finally Addresses Staff | IGN
  • Cyan Worlds Has Gone Through Another Round of Layoffs | Cyan Worlds on Bluesky
  • Studio Camelia has Closed | Studio Camelia on LinkedIn
  • Star Wars: Hunters Publisher Shutters Studio Founded by Torchlight, Diablo Creator Before It Could Announce Its New Game | IGN
  • People Can Fly Undergoes Layoffs | People Can Fly on LinkedIn
  • Major layoffs at Playtika with up to 160 jobs cut on Best Fiends and Redecor teams | MobileGamer.biz
  • Subway Surfers Blast developer Outplay Entertainment has laid off 21 workers | Game Developer
  • RuneScape studio Jagex lays off an undisclosed number of 'non-player facing' staff | Game Developer
  • Cult of the North Shutting Down | Adam Schaub on LinkedIn
  • Report: Return to Moria developer Free Range Games lays off 80 people | Game Developer
  • Sony is making layoffs at Days Gone developer Bend Studio | Game Developer
  • French court convicts ex-Ubisoft bosses for workplace harassment | AFP
  • Video Game Workers Reach Historic Tentative Contract Agreement with Microsoft | CWA
...more
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Virtual EconomyBy Michael Futter and Amanda Farough

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