Employee Ownership
Ongoing coverage on Employee Ownership.
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"It was a pretty harrowing three months" – Undead Labs head Philip Holt on what happened after Xbox cut the studio loose
Undead Labs CEO Philip Holt details the challenging three months following Xbox's divestment of the studio, which led to significant layoffs and a pivot to employee ownership. Despite the turmoil, the studio secured publishing funding for State of Decay 3, which is now employee-owned and aims for a 2027 release, focusing on player entertainment over investor demands.
State of Decay 3 Studio Head Says He Was “Irresponsibly Transparent” With Team During Xbox Layoffs
Undead Labs studio head Philip Holt described his
Undead Labs confirms it is now an "employee-owned studio"
Undead Labs, the developer of State of Decay, has announced its separation from Xbox and is now operating as an employee-owned studio. Development on State of Decay 3 continues, with a planned release in 2027 for Xbox, Game Pass, PC, and PlayStation. This transition occurs amidst broader layoffs and restructuring within Microsoft's gaming division.
