Xbox turmoil continues with a studio closure and executive departures

Last week, Xbox boss Asha Sharma sent a memo warning of an Xbox "reset" ahead of expected layoffs, and today, Kotaku reported that Xbox plans to shut down Compulsion Games, the studio behind South of Midnight . Since taking over in February, Sharma has made some big decisions, including cutting the price of Xbox Game Pass and making Gears of War: E-Day and Clockwork Revolution Xbox console exclusives . But in their "reset" memo , Sharma and chief content officer Matt Booty discussed many challenges facing the Xbox business, including that it has "over extended" with its studio system: We are the fortunate stewards of industry-defining franch … Read the full story at The Verge.