Microsoft ( ($MSFT) ) has been popular among investors this week. Here is a recap of the key news on this stock. Microsoft (MSFT) is making

M icrosoft has reportedly cancelled Everwild, an in-development game from UK-based Sea of Thieves developer Rare, and potentially other projects amid a round of layoffs that will see the company lose upwards of 9000 employees.

That's not the only Xbox title cancelled today. ZeniMax Online Studios' Blackbird, their upcoming MMO project in development since 2018, was also cancelled. ZeniMax, in particular, was hit hard by these layoffs, with employees reportedly having their Slack accounts deactivated as they questioned whether they still had a job.