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First I think they won't shut down a studio unless the studio massively under performs.

Secondly, I think MS has taken a huge risk with both Compulsion and Ninja Theory and therefor, these two are most likely to be shut down. This won't happen any time soon, it might be 3-10 years from now depending on what projects they have pitched along with the budget, as this will determine what money they will have to make.

With compulsion, I think the risk is smaller as I cannot see them inflating the budget more than what they need to make a game, therefore hopefully it will be easier to hit breakeven.

Ninja Theory on the other hand is a different beast. These guys love creating games with grand vision and design. They love hiring actors and Hollywood like talent. This is a studio that wants to be on the same level as ND, SSM, Kojima Productions, Bungie etc. This is a studio who tried several times to make a big successful game, but has always fallen short on sales. As much praise they get from the media and their fans, they always seem to miss out on the sales. Hellblade being the exception with its low budget obviously.

My fear is that neither of these two studios will live up to their expectations. Compulsion might not be able to make a game as good as Bioshock and live in its Shadow and Ninja Theory will pitch a big game that will have a big budget, big talent and when it comes to sales, will fall flat.