Xbox Layoffs, Studio Closures, And Spin-Offs: Everything Announced Today
Microsoft has announced significant layoffs and studio restructuring within its Xbox division, impacting 3,200 employees over the current financial year, with 1,600 layoffs starting immediately. Several studios, including Compulsion Games and Double Fine Productions, are transitioning back to independent management, while others like Ninja Theory and Undead Labs are seeking new ownership. The company cited financial underperformance and a need to reset its strategy, focusing investment on higher-priority games and core IPs.
- Entities
- Company: King
- Game: Minecraft
- Topic: Company Restructuring
- Company: Microsoft
- Company: Blizzard Entertainment
- Company: Ninja Theory
- Game: DOOM
- Person: Tim Schafer
- Game: We Happy Few
- Game: Senua
- Topic: Layoffs
- Company: Compulsion Games
- Game: South of Midnight
- Company: Bethesda
- Company: Mojang
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