Microsoft announces 3200 layoffs and four studio departures in "most significant" Xbox restructuring in history
Microsoft has announced a significant restructuring of its Xbox division, including approximately 3,200 layoffs and the departure of four studios. Compulsion Games and Double Fine Productions will become independent, while Ninja Theory and Undead Labs are seeking new ownership. Arkane Studios is also under review. Xbox CEO Asha Sharma cited business performance and industry challenges as reasons for the changes.
- Entities
- Company: King
- Topic: Company Restructuring
- Company: Microsoft
- Game: Hellblade II
- Game: Deathloop
- Person: Dave McCarthy
- Company: Ninja Theory
- Topic: Layoffs
- Company: Compulsion Games
- Game: South of Midnight
- Company: Activision Blizzard
- Company: Bethesda
- Company: Mojang
- Company: ZeniMax
- Company: Undead Labs
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