Xbox Slashes Jobs as AAA Gaming Keeps Imploding!

Clownfish TV: Audio Edition

🎉 Become a MEMBER at http://clownfishminus.com! Xbox is laying off 600+ more people as AAA gaming continues to "contract." Actually, no, it’s downright imploding. And it doesn’t look like this industry is going to get better any time soon. ➡️ Tip Jar and Fan Support: http://ClownfishSupport.com ➡️ Official Merch Store: http://ShopClownfish.com ➡️ Official Website: http://ClownfishTV.com ➡️ Audio Edition: https://open.spotify.com/show/6qJc5C6OkQkaZnGCeuVOD1 Microsoft is laying off 650 Xbox employees amid a significant decline in the AAA gaming industry, raising concerns about the future of console gaming and a potential shift towards streaming models. 00:00 Microsoft is laying off 650 Xbox employees as the AAA gaming industry faces a severe decline, raising concerns about Xbox’s future. 01:48 Xbox is facing job cuts as the AAA gaming industry struggles with declining ad revenues and overall instability. 02:56 Microsoft is cutting 650 gaming jobs at Xbox and Activision Blizzard amid restructuring after its $69 billion acquisition. 04:42 Microsoft is cutting 1,900 jobs in its gaming division amid industry contraction and a shift towards the Xbox app, prioritizing long-term profitability. 06:46 Console gaming faces a critical threat as high costs and lackluster exclusive titles make PCs a more appealing option. 08:09 Microsoft and Sony might shift AAA game releases to platforms like Steam as mobile gaming challenges the need for dedicated consoles. 09:56 Xbox is shifting towards a streaming model, potentially eliminating traditional consoles as gamers seek familiar experiences over new innovations. 11:04 YouTube’s reliability is questionable, prompting a shift to clownfishminus.com for content. About Us: Clownfish TV is an independent, opinionated news and commentary channel that covers Entertainment and Tech from a consumer’s point of view. We talk about Gaming, Comics, Anime, TV, Movies, Animation and more. Hosted by Kneon and Geeky Sparkles. Disclaimer: This series is produced by Clownfish Studios and WebReef Media, and is part of ClownfishTV.com. Opinions expressed by our contributors do not necessarily reflect the views of our guests, affiliates, sponsors, or advertisers. ClownfishTV.com is an unofficial news source and has no connection to any company that we may cover. This channel and website and the content made available through this site are for educational, entertainment and informational purposes only. These so-called “fair uses” are permitted even if the use of the work would otherwise be infringing. #Games #Gaming #Xbox #News #Commentary #Reaction #Podcast #Comedy #Entertainment #Hollywood #PopCulture #Tech