Report: Redundancies at Microsoft owned Zenimax have begun
Key Points:
- Microsoft has begun significant layoffs and potential studio closures within Zenimax, the parent company of Bethesda, ID Software, Arkane, Machine Games, and Zenimax Online, focusing on projects related to Fallout and Elder Scrolls.
- Arkane Studios is reportedly negotiating for independence amid the restructuring, while Ninja Theory, known for the Hellblade series, is facing closure with hopes of finding a buyer to avoid shutdown.
- Additional Xbox studios, including Compulsion Games and Double Fine, are also reportedly at risk of closure, with negotiations underway to secure their futures outside of Xbox.
- These developments come shortly after positive announcements at Summer Game Fest, where Xbox confirmed new console exclusives, but were followed by Microsoft's disclosure of a significant profitability decline and the need for a major business reset.