Activision takes over Halo development as Xbox cuts 268 more jobs

Microsoft's Xbox division is transferring future Halo game development to Call of Duty publisher Activision, part of a fresh round of 268 layoffs. The move follows Ninja Theory's failed sale talks, with the Hellblade studio now facing a proposed closure after two potential buyers walked away. Xbox says it is three-quarters through a restructuring plan that has already eliminated 1,600 jobs immediately, with 3,600 total cuts planned.