Market Chatter: Microsoft Xbox Plans to Shift Obsidian Studio to New Game in 'Fallout' Franchise
MT Newswires Live
15 hours ago
Microsoft (MSFT) division Xbox's subsidiary Obsidian Entertainment has canceled multiple projects and will start working on a new game in the Fallout franchise as part of a broader restructuring, Bloomberg reported Wednesday, citing people familiar with the matter.
Obsidian also laid off about one-fourth of its workforce, according to the report.
Xbox declined to comment, while Microsoft did not immediately respond to MT Newswires' request for comment.
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