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Sources close to Arkane's higher ups said they are concerned they will be closed as well. Not too surprising they're worried, the last 3 games they worked on, Dishonored: Death of the Outsider, Wolfenstein Youngblood, and Deathloop, all underperformed Zenimax expectations. To the bean counters at Microsoft, they would be a mighty tempting target, especially since Blade was said earlier this year to still be considered early development, even though Arkane Lyon's last game was 2021, 5 years ago.

I think they'll probably be safe though personally. Compulsion is toast, Microsoft will likely allow Double Fine to go independent again. Not sure about NT since Hellblade 2 underperformed.