Xbox Parts Ways With Five Studios, Over 3,000 Layoffs Announced

Xbox is parting ways with five studios—Compulsion Games, Double Fine Productions, Ninja Theory, Undead Labs, and Arkane Studios—while cutting over 3,000 jobs. CEO Asha Sharma cited margins 3-10x lower than comparable businesses and failed Game Pass and multiplatform growth. Compulsion and Double Fine return to independence; Ninja Theory and Undead Labs join new ownership to complete their games.

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