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moves money The Verge July 17, 2026

Bethesda teases Fallout 5 soon after Xbox’s mass layoffs

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| Image: Amazon Xbox is currently in a "reset" period that includes laying off around 3,200 employees over the next year, involving deep cuts at beloved studios like id Software and Obsidian Entertainment . Now, in an attempt to show that things are still running fine, the company has announced a slate of upcoming projects at Bethesda Game Studios - which itself was hit with layoffs - including official confirmation that Fallout 5 is in the works.

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