Double Fine Productions, the renowned studio behind the critically acclaimed Psychonauts 2, has been hit with layoffs. This development comes nearly a month after the announcement of Xbox's significant job cuts and the decision to part ways with four of its studios, including Double Fine.

The layoffs are seen as a strategic move to ensure the studio's survival in the short term. The impact of these layoffs is significant, with the studio acknowledging the importance of the staff members who are being let go.

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  • Double Fine Productions is laying off staff to secure its short-term future.
  • The move follows the studio's departure from Xbox, which cut 3200 jobs across the division.
  • The layoffs affect staff who were deemed crucial to the studio's operations.
  • The decision aims to stabilize the studio's finances and ensure its continued operation.
  • The gaming industry is witnessing a wave of layoffs, with several major studios affected.

For more information on this developing story, Source: Eurogamer