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The Nexus
BUSINESSJul 7 · 14:49 UTCBUSINESS INSIDERDan DeFrancesco ([email protected])

GTA VI won't solve the video-game industry's problems

Microsoft is cutting 4,800 employees, primarily in its Xbox gaming division, as new CEO Asha Sharma admits the business is 'not healthy' and operating at unprofitable margins. The gaming industry faces broader challenges, including Sony's controversial shift to digital-only PlayStation games and a memory shortage driving up costs, while Grand Theft Auto VI's release may not resolve these systemic issues.

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