Xbox Layoffs, Cancellations Reportedly Due to Microsoft's Profit Margin Goal - IGN Daily Fix
Update: 2025-10-23
Description
In today's Daily Fix:According a report from Bloomberg, Xbox's recent layoffs and game cancellations were due to a lofty profit margin goal set by Microsoft. Currently, the gaming industry standard is around 17%-22% profit margins, but Microsoft has allegedly pushed Xbox into hitting a high 30% profit margin. The goal was apparently set around the time Xbox was completing its acquisition of Activision Blizzard in 2023. In other news, Borderlands 4 is off to a great start for Gearbox and publisher 2K Games. The game is reportedly outpacing Borderlands 3 in terms of dollar sales in its first month of release (it's worth noting that Borderlands 4's different editions are more expensive than Borderlands 3's). Borderlands 4 also debuted as the number one premium title for September. And finally, Elden Ring's Switch 2 port has been delayed. The Tarnished Edition, which includes the Shadow of the Erdtree expansion, has been pushed to sometime in 2026.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
