And all of this is after more layoffs and shutdown 18 months ago which closed Arkan Austin, Alpha Dog Games and the developer of Xbox’s best game in a while, Hi-Fi Rush’s Tango Gameworks, which had to be saved by another company.

The Initiative, the Xbox studio developing a modern reimagining of Perfect Dark, is being shut down, and development of the game is ending. As first reported by Windows Central, the studio's closure is part of major cuts Microsoft is making across its business,

Microsoft's recent round of layoffs has seen the closure of The Initiative and the cancellation of the upcoming Perfect Dark.