Xbox reportedly looking to spin off several studios to avoid closures
Reports indicate Xbox is considering spinning off several internal studios, including Ninja Theory, Double Fine Productions, and Compulsion Games, to prevent their closure amid rumored layoffs. This follows a memo from Xbox CEO Asha Sharma emphasizing the need for the division to become profitable and sustainable.
- Entities
- Company: Xbox Game Studios
- Company: Microsoft
- Company: Ninja Theory
- Person: Craig Duncan
- Topic: Business Strategy
- Topic: Layoffs
- Company: Compulsion Games
- Company: Xbox
- Topic: Studio Closures
- Person: Chris Avellone
- Person: Asha Sharma
- Company: Double Fine Productions
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