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

Xbox to Lay Off 3,200 Employees and Restructure Studio Operations

By

Rebekah Valentine

6h ago· 5 min readenNews

Summary

Xbox is laying off approximately 3,200 employees (20% of the division) and restructuring significantly. Compulsion Games and Double Fine will become independent studios, while Ninja Theory and Undead Labs will join new ownership. CEO Asha Sharma described this as "the most significant restructure in Xbox history." 1,600 layoffs occur immediately, with the rest to follow.

Source

kotakuXbox to Lay Off 3,200 Employees and Restructure Studio Operationskotaku.com

Key quotes

· 3 pulled
the most significant restructure in Xbox history
1,600 of those layoffs will take place today, while the rest will take place later
have entered terms to join new ownership with funding to complete and grow Senua and State of Decay
Snippet from the RSS feed
Double Fine and Compulsion Games will become independent studios, Ninja Theory and Undead Labs will join new ownership, and Arkane Lyon is in 'consultation'

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