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First reported by Variety
Xbox to Lay Off 3,200 Employees and Sell Four Studios in Major Restructure

Microsoft cuts 3,200 Xbox jobs and separates four game studios from Xbox Game Studios

By

Chris Kerr

3h ago· 5 min readenNews

Summary

Microsoft is cutting 3,200 jobs across its Xbox division in what it calls the most significant restructuring in Xbox history. Four studios — Compulsion Games, Double Fine, Ninja Theory, and Undead Labs — are being separated from Xbox Game Studios. Compulsion and Double Fine return to independence with full IP ownership, while Ninja Theory and Undead Labs move to new ownership. The cuts come as part of a broader industry-wide contraction following years of aggressive expansion.

Source

bskyMicrosoft cuts 3,200 Xbox jobs and separates four game studios from Xbox Game Studiosgamedeveloper.com

Key quotes

· 3 pulled
It is neither possible nor desirable to own every great independent studio.
Microsoft has commenced what it describes as the 'most significant restructure in Xbox history'
South of Midnight developer Compulsion Games and Psychonauts maker Double Fine both returning to independence with full ownership of their respective IP catalogs.
Snippet from the RSS feed
'It is neither possible nor desirable to own every great independent studio.'

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