Xbox confirms mass layoffs, Double Fine Productions and Compulsion Games to go independent
Xbox CEO Asha Sharma announced significant changes, including layoffs affecting 3,200 employees and four studios becoming independent or sold. Compulsion Games and Double Fine Productions are now independent, retaining their IP rights, while Ninja Theory and Undead Labs have been sold to new owners. Sharma cited an unhealthy business model with low profit margins as the reason for these drastic measures.
- Entities
- Company: King
- Game: Minecraft
- Company: Microsoft
- Game: Candy Crush Solitaire
- Company: Ninja Theory
- Game: Blade
- Game: Senua
- Topic: Layoffs
- Company: Compulsion Games
- Game: South of Midnight
- Company: Mojang
- Company: Undead Labs
- Company: Xbox
- Game: State of Decay 3
- Topic: Business Models
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