Xbox has announced a major restructuring effort, resulting in significant layoffs and changes to its studio lineup. Despite the drastic measures, the company has confirmed that no studios will be closed entirely.

The restructuring will see 3,200 employees let go, with 1,600 being laid off immediately and another 1,600 over the next 12 months. However, in a surprising move, Double Fine and Compulsion Games will regain their independence, retaining their intellectual properties and receiving support from Xbox for their future projects.

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  • 3,200 Xbox employees will be made redundant as part of the restructuring
  • Double Fine and Compulsion Games will regain their independence and retain their IP
  • No studios will be closed, but four will be let go from the Xbox business
  • Xbox will provide support for the newly independent studios' future games

For more information on this significant development in the gaming industry, Source: Nintendo Life