The reboot of Perfect Dark developed by The Initiative has been cancelled as part of the latest round of cuts at Microsoft.

Xbox is canceling Everwild, a new IP from Sea of Thieves developer Rare.

Microsoft is implementing widespread layoffs impacting up to 9,000 employees, significantly affecting its Xbox division.

Xbox's Perfect Dark reboot, first announced in 2022, has been canceled. Its developer, The Initiative, is also shutting down, ...

News about the Xbox layoffs continues to trickle in today, and these latest reports have left us pretty speechless - they say ...

Microsoft Game Studios boss Matt Booty officially confirms that The Initiative games studio has been shut down and that ...

Microsoft announce massive layoffs, including Xbox. Multiple games are cancelled, and rumors claim Phil Spencer won't remain ...

Xbox Layoffs Rock Gaming Industry as Perfect Dark and Everwild Get Cancelled Microsoft's gaming division is facing a massive ...

Microsoft today announced it is laying off upwards of 9,100 employees, including at the Xbox division. Perfect Dark, Everwild ...

Update 3, July 2, 2025: Microsoft is reportedly closing The Initiative, and cancelling the Perfect Dark reboot that was fully ...

Microsoft have cancelled their Perfect Dark reboot and closed its development studio The Initiative in the course of this ...

According to Bloomberg ’s sources, Spencer was so enamored with the game when he played it in March that Head of Xbox Game ...