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"Halo and Master Chief are here to stay": 343 Industries dismisses rumors of moving away from the flagship Xbox series

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The studio has made it extremely clear that Xbox's flagship, Halo, isn't going anywhere out of the hands of 343 Industries. The news comes at a time when the market has been filled with rumors, all suggesting that the mega-franchise could change ownership.

It comes on the back of troubling times for the studio, which has been gravely affected by job cuts amidst a global slowdown.When the news of the downsizing broke, many felt this could end 343 Industries and its connection with its premier franchise.

Since going separate ways with Bungie, Xbox has relied on its in-house studio to develop one of its most popular franchises.However, things haven't always been vital in terms of the quality of the product, and all hell broke loose with Halo Infinite.

The most recent release was supposed to be the foundation of the future for the franchise and take it in a new direction. Its launch was quite successful in numbers, and new players quickly joined the free-to-play multiplayer modes.

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