Xbox reports 10 percent drop in revenue across content and services, amid its mass job cuts and studio offload
Eurogamer · 3 min read · business
Microsoft's Q4 earnings report shows Xbox content and services revenue down 10%, contributing to a 4% decline in the personal computing business to $12.9 billion. CEO Satya Nadella said the company is making "necessary decisions" to reset gaming for long-term growth, following the 3,200 layoffs and divestment of studios like Double Fine and Compulsion Games announced earlier this month.
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