Xbox Cuts 268 Jobs, Moves Halo to Activision

Microsoft is cutting 268 roles across Xbox first-party teams and moving Halo development to a new Activision studio, part of a planned 3,200-worker reduction. Rare, World's Edge and Obsidian shift to Activision and Bethesda, while Playground merges with Turn 10. Ninja Theory faces closure after buyout talks failed, and Arkane Lyon enters consultation through the end of 2026.