In a significant overhaul, Xbox has announced the transfer of the Halo franchise to Activision, the publisher behind Call of Duty, amidst ongoing layoffs and studio consolidations. Microsoft is cutting 268 jobs, primarily affecting its Xbox division, with reports indicating that multiple studios, including Rare and Ninja Theory, are also facing major changes. This restructuring is part of a broader reset strategy within Xbox, which has seen repeated rounds of layoffs and shifts in studio management. Activision has committed to developing the next Halo game, raising concerns among fans about the future of the franchise and the studios involved.