Obsidian Entertainment Not at Risk of Closure Despite Xbox Layoff Reports, Bloomberg Reporter Says
By
Wesley Yin-Poole
Summary
A report from The Game Business claimed that Obsidian Entertainment (developer of Avowed, The Outer Worlds, and Fallout: New Vegas) was at risk of closure amid Microsoft's Xbox business "reset." However, Bloomberg reporter Jason Schreier quickly refuted this, stating the studio is not in negotiations to avoid shutting down and that Xbox is keeping Obsidian. The situation involves broader Xbox layoffs, but Obsidian itself is reportedly safe.
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Key quotes
· 2 pulledPlenty of details are still up in the air surrounding the layoffs (picture will be clear on Monday) but Xbox is keeping Obsidian, according to people familiar with the situation.
Bloomberg reporter Jason Schreier has said The Game Business report about Obsidian is incorrect, and that the studio is not in negotiations to avoid shutting down.
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