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As part of Microsoft’s restructuring announcement today for Xbox that is resulting in mass layoffs, the company also announced that it is selling off two of its development studios: Undead Labs and Ninja Theory.
Xbox CEO Asha Sharma said those two studios have “entered terms to join new ownership with funding” to help finish Senua (Ninja Theory) and State of Decay 3 (Undead Labs). Microsoft did not name the mystery buyers, however.
Senua is a brand-new Hellblade action game that was only just announced at the Xbox Games Showcase in June. State of Decay 3, meanwhile, has been in the works for a very, very long time.
https://www.youtube.com/watch?v=eoLOzgHvKxQ
Additionally, Microsoft announced that Compulsion Games and Double Fine are becoming independent studios again and will retain their own IP and catalogs. Additionally, Microsoft is giving those teams “runway” funding for their “next games,” Sharma said.
What’s more, Microsoft’s Arkane studio in France is “beginning required consultation” as part of labor laws in the country. This is being done to “review potential strategic options,” Sharma said.
Beyond the changes to the Xbox studio structure, Microsoft announced that it is laying off 1,600 Xbox employees today and another
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