Microsoft's Xbox division is preparing for another major round of layoffs. Up to five gaming studios face potential closure or spin-off. Compulsion Games, Double Fine, Ninja Theory, Arkane, and Undead Labs are reportedly at risk. Xbox Game Studios head Craig Duncan is also reportedly stepping down. These changes aim to improve the division's balance sheet amid industry pressures.
https://finance.yahoo.com/technology/articles/xbox-layoffs-coming-five-studios-191942396.html