this post was submitted on 27 Mar 2024

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Xbox boss Phil Spencer "concerned" over layoffs due to lack of industry growth (www.eurogamer.net)

submitted 8 months ago by [email protected] to c/[email protected]

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Phil Spencer has discussed the devastating wave of layoffs that has impacted the video games industry, and said he was "most concerned" about the overall "lack of growth".

The Xbox boss presided over the departure of 1900 people across Xbox and Activision Blizzard in January of this year, a decision he described at the time as being one aimed at achieving "a sustainable cost structure that will support the whole of our growing business".

Across the video games industry as a whole, more than 15,000 people are thought to have been let go over the past 18 months.

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[–] newt 16 points 8 months ago (1 children)

Most modern video games are full of battle passes and loot boxes. It’s not surprising to see people flocking to older games that were more fun and less of a cash grab.

[–] [email protected] 5 points 8 months ago

That and even if you do find a good aaa game without any of that crap it's 70 quid a pop.

Dunno about you but I can't sink that kind of money too often