Obsidian Entertainment is developing a new Fallout game, according to a report by Bloomberg. The report also states that the studio has canceled several in-development projects, including a planned sequel to its 2025 RPG, Avowed.The ongoing layoffs across Xbox’s gaming division have reportedly impacted roughly 25% of Obsidian’s staff, including long-time art director Daniel Alpert. Bloomberg reports that, as part of Xbox’s new initiative to largely focus on its biggest existing franchises, Obsidian’s development pipeline has shifted toward developing a…