Xbox layoffs report: Bloodbath looms for studios

Xbox faces widespread layoffs and studio closures as Asha Sharma warns slim profit margins are unsustainable. Compulsion Games, Double Fine, Ninja Theory among teams at risk. Microsoft plans layoffs timed to June 30 financial year end with potential sales or spin-offs. Bloomberg's Jason Schreier cites Xbox One era struggles and stagnant Game Pass growth as key factors.