Xbox has moved to calm investor concerns, stating that their investment in game development will not be reduced despite reports of looming layoffs. This comes as a relief to fans and developers alike, who had feared that the company's financial struggles might impact their ability to produce high-quality games.

According to recent reports, the layoffs will affect less than 2.5% of Microsoft's total workforce. While this may seem like a small percentage, it still represents a significant number of jobs and has understandably caused concern among employees.

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  • Xbox denies reducing investment in game development amidst layoffs
  • Less than 2.5% of Microsoft's workforce will be affected by job cuts
  • Company reassures investors of continued funding for game development
  • Layoffs may still have a significant impact on affected employees

For more information on this developing story, Source: Rock Paper Shotgun