Xbox Sells 4 Studios and Lays Off 3,000 Employees

Xbox has restructured its gaming portfolio by selling four of its studios, Double Fine, Compulsion Games, Ninja Theory and Undead Labs, while laying off thousands of employees under CEO Asha Sharma. Notably, Double Fine has regained its independence, allowing the studio to maintain full creative control over its acclaimed Psychonauts series. According to Colt Eastwood, […]
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