Xbox transfers Rare and Halo franchise to Activision, proposes closure of Ninja Theory, and confirms another 268 roles cut amid studio restructure

Xbox has transferred legendary UK studio Rare and ownership of the Halo franchise to Activision, announced the imminent closure of Ninja Theory, and enacted sweeping cuts at Halo Studios. The news was announced via an Xbox Wire post this morning, and followed earlier reports of planned layoffs.

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