<ul data-eligibleForWebStory="true">Expect weekly video game insights from Jess Conditt on Engadget, divided into two parts.Microsoft Gaming CEO Phil Spencer discusses layoffs as a response to industry's lack of growth.Reports reveal layoffs, studio closures, and game cancellations across the gaming industry.Mass firings in video game industry raising concerns about stability and unionization efforts.Notable news includes game releases, executive convictions, and upcoming showcases in the industry.