Report: Arkane Studios at risk of closure in upcoming Xbox layoffs
By
Elijah Gonzalez
Summary
Xbox is reportedly planning a new wave of layoffs that may include Arkane Studios, the developer behind Dishonored and the upcoming Marvel's Blade game. The layoffs are part of broader cost-cutting measures at Microsoft's gaming division following its $69 billion acquisition of Activision Blizzard. Arkane's closure would be a significant blow to the gaming industry, as the studio is known for its critically acclaimed immersive sims. The article discusses the ongoing trend of studio closures and layoffs across the gaming sector, with Xbox having already closed several studios including Tango Gameworks and Arkane Austin earlier in 2024.
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Key quotes
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Xbox's acquisition of Activision Blizzard for $69 billion has led to significant cost-cutting measures across the company.
The gaming industry has seen a wave of layoffs and studio closures in recent years, with many developers struggling to stay afloat.
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