Xbox are parting ways with Double Fine, Arkane, Undead Labs, Compulsion, and Ninja Theory in the course of thousands of layoffs
Microsoft has announced significant layoffs affecting 3200 employees and is parting ways with five Xbox-owned studios: Double Fine, Arkane, Undead Labs, Compulsion Games, and Ninja Theory. Some studios will become independent or find new ownership, while Arkane's future is uncertain. CEO Asha Sharma cited rising costs, underperforming acquisitions, and a challenging industry landscape as reasons for the "reset."
- Entities
- Company: King
- Company: Microsoft
- Company: Blizzard Entertainment
- Company: Ninja Theory
- Game: Senua
- Topic: Business Strategy
- Topic: Layoffs
- Company: Compulsion Games
- Game: South of Midnight
- Company: Activision Blizzard
- Company: Bethesda
- Company: Mojang
- Company: DoubleFine
- Company: ZeniMax
- Company: Undead Labs
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