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Phil Spencer Says Halo Studio Remains "Critical" For Xbox Despite Cuts

Phil Spencer Says Halo Studio Remains “Critical” For Xbox Despite Cuts

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Picture: 343 Industries/Microsoft Things haven’t been going well for Xbox lately. Microsoft faces strong resistance in its bid to acquire Activision Blizzard. He hardly released any big exclusive blockbusters last year. And he just cut over 10,000 jobs last week, including many senior developers at Infinite Halo Studio 343 Industries. Microsoft Gaming CEO Phil Spencer …

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Halo Infinite: 343's Statement Goes Against Deep Cuts to Halo's Dev Team - IGN

Halo Infinite: 343’s Statement Goes Against Deep Cuts to Halo’s Dev Team – IGN

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Halo developer 343 Industries says Master Chief and Cortana remain under its roof, but reports of deep cuts to Halo’s development team call into question the studio’s ability to sustainably develop future content from Halo. This saga began last week, when we learned that the Halo studio was impacted through Microsoft plans to lay off …

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Waymo lays off staff as Alphabet announces 12,000 job cuts

Waymo lays off staff as Alphabet announces 12,000 job cuts

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Waymo, the self-driving technology unit under Alphabet, quietly laid off workers on Monday, according to The Information and several publications on LinkedIn and Blind. The cuts at the self-driving vehicle company follow a wave of layoffs at Alphabet and Google late last week. It is not yet known how many Waymo staff will be affected, …

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Google CEO defends job cuts in bustling town hall as employees demand clarity on process

Google CEO defends job cuts in bustling town hall as employees demand clarity on process

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Sundar Pichai, CEO, Alphabet Luis Gene | AFP | Getty Images Days after Google announced the largest round of layoffs in the company’s 25-year history, executives defended the job cuts and answered questions from a worried workforce at a town hall meeting on Monday . Google CEO Sundar Pichai led the company-wide meeting and told …

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Banks brace for biggest job cuts since financial crisis

Banks brace for biggest job cuts since financial crisis

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Banks are bracing for the biggest round of job cuts since the global financial crisis as executives come under pressure to cut costs following collapsing investment banking revenues. The layoffs – which are expected to number in the tens of thousands across the sector – reverse the massive hirings made by banks in recent years …

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Alphabet cuts 12,000 jobs after pandemic hiring spree, refocuses on AI

Alphabet cuts 12,000 jobs after pandemic hiring spree, refocuses on AI

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Jan 20 (Reuters) – Google’s parent company Alphabet Inc (GOOGL.O) is cutting around 12,000 jobs as it faces “a different economic reality”, it said in a memo, doubling down artificial intelligence (AI) and removing staff who support experimental projects. The job cuts affect 6% of its workforce and follow thousands of layoffs at tech giants …

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Google cuts 12,000 jobs as layoffs spread across tech sector

Google cuts 12,000 jobs as layoffs spread across tech sector

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LONDON (AP) — Google is laying off 12,000 workers, or about 6% of its workforce, becoming the latest tech company to cut staff as the economic boom the industry has experienced during the COVID-19 pandemic wanes. . Google CEO Sundar Pichai, who also heads its parent company Alphabet, told the Silicon Valley giant’s staff of …

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Tech job cuts spread, Microsoft lays off 10,000 people

Tech job cuts spread, Microsoft lays off 10,000 people

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Microsoft cuts 10,000 employees, nearly 5% of its workforce, joining other tech companies who scaled back their expansions in the pandemic era. The company said in a regulatory filing on Wednesday that the layoffs were a response to “macroeconomic conditions and changing customer priorities.” The Redmond, Wash.-based software giant said it would also make changes …

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Tesla's steep price cuts mean 'a major shift in the electric vehicle market'

Tesla’s steep price cuts mean ‘a major shift in the electric vehicle market’

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Can Tesla remain the leader in the modern electric vehicle market it effectively created? This question has been on the minds of electric vehicle buyers, investors, analysts, industry watchers and Elon Musk stans for months now. That was especially the case as questions about demand in China and the United States — not to mention …

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What will happen to the real estate market in 2023? From price cuts to 'terrible consolidation', here's the forecast

What will happen to the real estate market in 2023? From price cuts to ‘terrible consolidation’, here’s the forecast

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If 2022 has been a rollercoaster year for the housing market, 2023 should bring a painful but necessary hangover in real estate. Nationally, a growing number of pundits and companies are predicting U.S. home prices will fall, with some expecting mid-single-digit declines, while others expect that prices fall by double digits, perhaps even more than …

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