The gaming industry is bracing for another seismic shockwave. Reports indicate that sweeping Xbox layoffs are scheduled to begin on July 6, 2026 . According to sources close to the matter, Microsoft is actively considering shutting down Arkane Studios and canceling its highly anticipated Marvel’s Blade game, which has been under development since late 2023. This grim news follows a series of leaks suggesting that the tech giant's gaming division is preparing for a massive restructuring. For fans eagerly awaiting updates on the stylish vampire-hunting title, this development comes as a massive disappointment, especially since the project has faced prolonged silence. Inside the Chopping Block: Which Studios Are at Risk? Arkane Lyon isn't the only developer caught in the crosshairs of Microsoft's aggressive cost-cutting strategy. Recent reports from prominent industry outlets po...