Xbox Keeps Obsidian as Schreier Denies Closure Talks Ahead of July 6 Cuts
Updated
Updated · Video Games Chronicle · Jul 2
Xbox Keeps Obsidian as Schreier Denies Closure Talks Ahead of July 6 Cuts
3 articles · Updated · Video Games Chronicle · Jul 2
Summary
Jason Schreier said Obsidian is not negotiating to avoid shutdown and will remain with Microsoft, directly disputing a report that grouped the studio with other Xbox teams at risk.
The denial comes as Microsoft prepares significant Xbox layoffs starting July 6 under CEO Asha Sharma's planned reset, with reports pointing to closures, spinoffs, mergers and canceled games.
Compulsion, Ninja Theory, Double Fine and Undead Labs have been cited as vulnerable studios, while Arkane reportedly faces closure unless Microsoft finds a buyer.
Obsidian's position had drawn scrutiny after Bloomberg reported Avowed and The Outer Worlds 2 delivered disappointing results, prompting the studio to reassess budgets, scope and development timelines.