Xbox Layoffs, Cancellations Reportedly Due to Microsoft's Profit Margin Goal - IGN Daily Fix
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Xbox Layoffs, Cancellations Reportedly Due to Microsoft's Profit Margin Goal - IGN Daily Fix
In today's Daily Fix: According a report from Bloomberg, Xbox's recent layoffs and game cancellations were due to a lofty profit margin goal set by Microsoft. Currently, the gaming industry standard is around 17%-22% profit margins, but Microsoft has allegedly pushed Xbox into hitting a high 30% profit margin. The goal was apparently set around ...
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