Updated
Updated · Engadget · Jun 30
Xbox Weighs Closing 5 Studios and Canceling Blade as Layoffs Start July 6
Updated
Updated · Engadget · Jun 30

Xbox Weighs Closing 5 Studios and Canceling Blade as Layoffs Start July 6

3 articles · Updated · Engadget · Jun 30

Summary

  • July 6 is the target start date for sweeping Xbox cuts that could shut Arkane and end Marvel's Blade, with Microsoft also weighing closures or sales of Compulsion, Double Fine, Ninja Theory and Undead Labs.
  • Blade has gone more than two years without an update, and The Verge reported the project is over budget and delayed, making it a central casualty of Xbox's push to trim an "over-extended" business.
  • A memo from CEO Asha Sharma and content chief Matt Booty warned the division had become unsustainable, while CWA-represented Xbox union members demanded transparency and good-faith talks ahead of the firings.
  • The move extends a multiyear retrenchment after Microsoft's $69 billion Activision Blizzard deal: 1,900 Xbox-related jobs were cut in early 2024, more studios were closed later that year, and another 9,000 companywide layoffs hit in 2025.

Insights

After a $20 billion spending spree, why is Xbox now closing its most acclaimed studios?
With Game Pass deals frozen and studios for sale, what is Xbox's new path forward?