Xbox cuts 3200 jobs, Ninja Theory, Double Fine, Compulsion, Undead Labs and Arkane Lyon being divested

[trunkswd]

curl-6 said:

Welp, Ninja Theory and Undead Labs have found new owners while Double Fine and Compulsion are returning to independence.

Arkane Lyon is in also in the process of being divested:

https://www.vgchartz.com/article/468397/xbox-plans-to-cut-3200-jobs-divesting-5-studios/

On the whole, better than them being closed down.

The bad new is, Xbox is cutting a massive 3200 jobs.

The reports were saying it was going to be a bloodbath with 5 to 7 studios shut down. So this isn't AS bad as that with 5 studios being divested rather than shut down. The number being laid off is still a LOT and sucks to see. But we've also seen mass layoffs across the industry in Europe and the Americas. 

I understand getting rid of the layers of managements. 14 layers is insane and should not have ben the case. Also not having a COO to keep an eye on spending until now is also crazy. 

As G2 said. id Software stings the most with the layoffs. Not confirmed, but possibly half of the studio was let go.