Microsoft lays off 268 Xbox employees across Halo Studios and other first-party studios, as part of an ongoing "reset" of its gaming business (Tom Warren/The Verge)

Tom Warren / The Verge:
Microsoft lays off 268 Xbox employees across Halo Studios and other first-party studios, as part of an ongoing “reset” of its gaming business  —  Deals to sell off Ninja Theory fell through over the summer. … Microsoft is laying off around 260 Xbox employees today, as part of an ongoing “reset” of its gaming business.