The main takeaway from the latest round of Microsoft layoffs may well be that Xbox is losing its multi-year battle to dominate the gaming industry with Game Pass. It was in October 2017's earnings call with investors that Microsoft CEO Satya Nadella told the world that the company sought to replicate Netflix's success with a similar subscription service for gaming. Game Pass had launched a few months earlier, but Sadella's statement made it crystal clear that the company would go all-in with that plan. To lure more users to Game Pass, Microsoft spent a lot of money acquiring new Xbox […]
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