Obsidian Entertainment is reportedly returning to the Fallout series after 15 years, with the studio possibly working on a new Fallout game led by the director of New Vegas. However, reports about the studio's current projects and status are conflicting, with some outlets suggesting that Obsidian has canceled Avowed 2 and is pivoting to Fallout, while others indicate that the studio is fighting to re-pitch Avowed 2. The developments come amid rumored restructuring and layoffs at Xbox, which may be affecting Obsidian and other studios.