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Story summary
- Xbox announced Activision will take over Rare and the Halo franchise, while Ninja Theory faces closure.
- Xbox cut 268 roles across Halo Studios, other first-party studios, and management.
- Xbox plans to cut about 3,200 jobs this year, with three-quarters already done.
- Activision president Rob Kostich said a purpose-built team will develop the next Halo game.
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