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  • Microsoft’s Xbox shuts multiple studios, consolidates teams in cost-cutting move
  • FILE PHOTO: Head of Microsoft Xbox Phil Spencer speaks during

FILE PHOTO: Head of Microsoft Xbox Phil Spencer speaks during

FILE PHOTO: Head of Microsoft Xbox Phil Spencer speaks during the Microsoft Xbox E3 2017 media briefing in Los Angeles, California, U.S., June 11, 2017. REUTERS/Kevork Djansezian/File Photo

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Microsoft’s Xbox shuts multiple studios, consolidates teams in cost-cutting move

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