Xbox Announces 'Significant' Restructure Starting With 3,200 Layoffs - IGN Daily Fix
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In today's Daily Fix: Xbox boss Asha Sharma sent an email to employees announcing a 'significant' restructuring of the company, citing losing "64 cents for every dollar invested" in their studios in an average year. Unfortunately 3,200 employees will be laid off, starting with 1,600 today and the rest to happen throughout Fiscal year 2027. Microsoft-owned studioss Double Fine and Compulsion Games will become independent studios, while others such as Ninja Theory and Undead Labs "have entered terms to join new ownership." Arkane Studios' management will enter into consultation with its workers council on next steps. No publicly-announced games are said to be cancelled as part of the reductions in workforce. In other news, Marvel Tōkon: Fighting Souls has been blocked in 132 countries, likely due to Sony's PSN requirements, and PSN being blocked in specific territories. And finally, DC Studios' Supergirl has crossed $100 million at the global box office in its second week, and will likel
Tags: Xbox Layoffs July 2026, Asha Sharma Xbox Restructuring, Double Fine Independent Studio, Marvel Tokon PSN Block, Marvel Tokon Fighting Souls Steam, Supergirl Box Office Bomb, Daily Fix, Gaming News, IGN, Xbox 3200 Layoffs, Xbox layoffs, Asha Sharma, Double Fine, Compulsion Games, Ninja Theory, Undead Labs, Arkane Studios, Marvel Tokon Fighting Souls, Arc System Works, PSN requirement
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