Why Xbox believes it must cut costs and close studios ...Middle East

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Why Xbox believes it must cut costs and close studios
source : Eruogamer ( Middle East ) () 153
Investors that put money, or buy shares, in a business want to make money on their investment. And for that to happen the company's 'value' needs to go up. It needs to grow bigger. Growth could be many things, but it typically refers to revenue (the amount of money a company generates) or profit (the amount of money a company makes after costs). And to investors, a loss-making company that is getting bigger every year is more exciting than a profitable business that is going the other way. This may sound obvious, but we're about to get into why Xbox just closed three Bethesda studios. And it's important to keep in mind that focus on growth. Because ultimately it doesn't matter how rich M

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