Xbox Eyes Arkane Shutdown and Blade Cancellation in Broad Studio Downsize

1 min read
Source: Engadget
Xbox Eyes Arkane Shutdown and Blade Cancellation in Broad Studio Downsize
Photo: Engadget
TL;DR Summary

Microsoft’s Xbox division reportedly plans sweeping layoffs starting July 6, including shutting down Arkane Studios and canceling the Blade project, with five studios potentially closed or sold (Compulsion Games, Double Fine, Ninja Theory, Undead Labs, Arkane). The moves follow a memo from CEO Asha Sharma and Chief Content Officer Matt Booty about over-extension, and come amid ongoing industry layoffs and prior studio restructurings; unions are pushing for transparency and good-faith negotiations.

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