Microsoft’s Xbox cuts 268 roles as Activision takes over ‘Halo’

[Activision Presents The Ultimate Fan Experience, Call Of Duty XP 2016] Rich Polk/Getty Images Entertainment Microsoft’s (MSFT [https://seekingalpha.com/symbol/MSFT]) Xbox division is eliminating 268 jobs and reorganizing several of its game studios, with Activision taking responsibility for development of the next “Halo” title, according to a staff memo cited by Variety. The latest cuts affect Halo Studios, other first-party studios and Xbox Game Studios management and central functions, Xbox (MSFT [https://seekingalpha.com/symbol/MSFT]) Chief Content Officer Matt Booty said in the memo on Tuesday. Under the reorganization, Activision will also oversee World’s Edge and Rare.