"Even if I knew how it would end, I would do it again": Hellblade developers Ninja Theory appear to have kicked off the redundancy process
rockpapershotgun.com/even-if-i-knew-how-it-would-end-i-would-do-it-again-hellblade-developers-ninja-theory-appear-to-have-kicked-off-the-redundancy-process

After failing to find a buyer, Ninja Theory is currently facing closure. Now, individual developers, some even senior staff members who were essential to the ... Show more
Hellblade Dev Begins Shedding Staff, Months After Revealing New Game at Xbox Showcase
pushsquare.com/news/2026/10/hellblade-dev-begins-shedding-staff-months-after-revealing-new-game-at-xbox-showcase

Industry layoff watch: Supermassive, Ninja Theory, The Coalition, and a warning from Warhorse
pcgamer.com/gaming-industry/industry-layoff-watch-supermassive-ninja-theory-the-coalition-and-a-warning-from-warhorse/

Microsoft's failure to find a home for Ninja Theory voids the one, very tenuous upside to Senua's SGF reveal
rockpapershotgun.com/microsofts-failure-to-find-a-home-for-ninja-theory-voids-the-one-very-tenuous-upside-to-senuas-sgf-reveal

Xbox upheaval: Halo to Activision, Ninja Theory in danger: Microsoft is cutting another 268 jobs at Xbox and awarding the next Halo title to a new team at ...
pcgameshardware.de/Microsoft-Xbox-Konsolen-18125/News/Halo-Activision-Ninja-Theory-Entlassungen-Studios-1554636/

"It genuinely breaks my heart"- Confusion and frustration reign as gaming communities react to Xbox's drastic restructuring this week
eurogamer.net/community-reaction-xbox-restructuring-rare-ninja-theory-obsidian

"It genuinely breaks my heart"- Confusion and frustration reign as gaming communities react to Xbox's drastic restructuring this week
eurogamer.net/community-reaction-xbox-restructuring-rare-ninja-theory-obsidian

Xbox: Microsoft continues to reshuffle its games division: Microsoft is cutting another 268 jobs at Xbox and reorganizing its studios. The next "Halo" is coming ...
heise.de/news/Xbox-Microsoft-wuerfelt-seine-Spieleabteilung-weiter-durch-11462636.html

Two sales attempts failed: Ninja Theory facing closure: The great reset of the Xbox brand continues. Hundreds of employees are losing their jobs ...
pcgames.de/Ninja-Theory-Firma-206842/News/senua-hellblade-microsoft-xbox-reset-1554670/

Xbox 75 Percent Of The Way Through Planned Restructure As It Condenses Studios, Lays Off 268, And Enters Consultation With Ninja Theory
kotaku.com/xbox-reset-268-laid-off-ninja-theory-halo-activision-2000736434

Xbox restructuring: Microsoft cuts another 268 jobs: Microsoft continues its restructuring at Xbox, cutting 268 jobs. Ninja Theory and Arkane Lyon also remain ...
pcgames.de/Microsoft-Firma-15584/News/Xbox-Entlassungen-Studio-Schliessung-Umstrukturierung-1554666/

Hellblade developer Ninja Theory heading towards closure in new wave of Xbox cuts, as two separate agreements collapse
eurogamer.net/ninja-theory-closed-shut-down-xbox-layoffs

Xbox layoffs update: Ninja Theory acquisitions fall through, Halo to be given to Activision, Obsidian joins Bethesda, and more
windowscentral.com/gaming/xbox/xbox-layoffs-update-ninja-theory-acquisitions-fall-through-halo-to-be-given-to-activision-obsidian-joins-bethesda-and-more

Xbox upheaval: Halo to Activision, Ninja Theory in danger: Microsoft is cutting another 268 jobs at Xbox and awarding the next Halo title to a new team at ...
pcgameshardware.de/Microsoft-Xbox-Konsolen-18125/News/Halo-Activision-Ninja-Theory-Entlassungen-Studios-1554636/

Xbox 75 Percent Of The Way Through Planned Restructure As It Condenses Studios, Lays Off 268, And Enters Consultation With Ninja Theory
kotaku.com/xbox-reset-268-laid-off-ninja-theory-halo-activision-2000736434

Obsidian Joins Bethesda As Part Of Xbox Layoffs: The next part of Xbox's "reset" sees Halo layoffs, Ninja Theory shutting down, and Obsidian joining Bethesda to ...
thegamer.com/xbox-reset-layoffs-bethesda-obsidian/

Xbox are parting ways with Double Fine, Arkane, Undead Labs, Compulsion, and Ninja Theory in the course of thousands of layoffs
rockpapershotgun.com/xbox-are-parting-ways-with-double-fine-arkane-undead-labs-compulsion-and-ninja-theory-in-the-course-of-thousands-of-layoffs

Key FactsXbox Undertakes Major Restructuring Amid Challenges
Jul 7, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: cnet.com
Summary created with AI assistance · Source: cnet.com
- Xbox will reduce its workforce by 3,200 employees and divest four studios acquired in the past eight years.
- CEO Asha Sharma described the business as unhealthy, citing excessive costs and insufficient customer growth.
- All publicly announced first-party game projects will continue despite the broad restructuring efforts.
- Industry experts warn the cuts could damage developer morale and gamer trust, risking Xbox’s future position.
It's ghoulish for Xbox CEO Asha Sharma to aspire for a billion daily Xbox players while derailing the lives of thousands of developers making the entertainment to satisfy such aims,— David Lumb, CNET managing editor, said in response to Xbox's layoffs and strategic reset.
Xbox spins off four studios, including Senua-maker Ninja Theory, as mass layoffs begin
digitaltrends.com/gaming/xbox-spins-off-four-studios-including-senua-maker-ninja-theory-as-mass-layoffs-begin/

OpinionUndead Labs spent eight years as an Xbox studio and still didn't make State of Decay 3
polygon.com/undead-labs-state-of-decay-3-xbox-acquisition-no-games/

Xbox to reduce workforce by 3,200, five studios to be divested: Compulsion Games and Double Fine will become independent studios, Ninja Theory and Undead Labs to ...
gamesindustry.biz/xbox-to-reduce-workforce-by-3200-five-studios-to-be-divested

Asha Sharma is initiating a major reset for Xbox. Compulsion Games (South of Midnight) and Double Fine (Psychonauts) are being spun off and will continue to ... Show more
Xbox Officially Axes Multiple Studios, Laying Off 1000s of Employees: Xbox has officially announced it is laying off nearly 5,000 employees and letting go of ...
comicbook.com/gaming/news/xbox-games-studios-double-fine-compulsion-ninja-theory-double-fine-layoffs/

XBOX is laying off 3,200 employees, 20% of its workforce.
They are also spinning off or selling Arkane Lyon, Compulsion Games, Double Fine ... Show more
Xbox is set to layoff 1,600 staffers Monday and up to another 1,600 over the next year in what the company calls its “most significant restructure” in history ... Show more
Xbox is closing Ninja Theory, and Double Fine and Compulsion may not be far behind
techspot.com/news/112778-xbox-closing-ninja-theory-double-fine-compulsion-may.html

Ninja Theory, Double Fine (Kiln, Psychonauts) und Compulsion Games (South of Midnight, We Happy Few) stehen kurz vor dem Aus ... Show more
[Bloomberg] Studios are in active negotiations with Xbox and may be given the chance to go independent
bloomberg.com/news/articles/2026-06-15/studios-in-microsoft-s-xbox-division-brace-for-closures
![[Bloomberg] Studios are in active negotiations with Xbox and may be given ...](https://external-preview.redd.it/kniq6QxFEl8B0wI7FuilDvnJKo3AgGtTN9jNC9n6jCk.jpeg?width=320&crop=smart&auto=webp&s=ed610b343332d5c97df56c5e8a7945ce2c4e752e)
Paid articlePaywallMicrosoft Apparently Already Knew It Would Be Closing Ninja Theory When It Announced Senua
gamespot.com/articles/microsoft-apparently-already-knew-it-would-be-closing-ninja-theory-when-it-announced-senua/

Key FactsMicrosoft’s Planned Exit from Ninja Theory Studios
Jun 17, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: gamespot.com
Summary created with AI assistance · Source: gamespot.com
- Microsoft had decided to close or separate Ninja Theory before Senua’s announcement at the Xbox Games Showcase.
- The new game reveal was intended to boost investor interest in the studio despite upcoming closures.
- Ninja Theory, Double Fine, and Compulsion are negotiating potential buyouts and may need investment to operate independently.
- It remains uncertain if Ninja Theory could retain the Hellblade franchise rights if sold or spun off.
Going forward, this cannot continue,— Asha Sharma, Xbox CEO, in a memo about the company's reset (as reported in the article).
Xbox Reportedly Announced Hellblade 3 Despite Plans To Close Ninja Theory To Help Sell The Studio
kotaku.com/xbox-reportedly-announced-hellblade-3-despite-plans-to-close-ninja-theory-to-help-sell-the-studio-2000707251

Senua’s Story Length Will Be ‘Quite a Bit Longer’ Than Hellblade 1 and 2: The upcoming entry in the Hellblade universe aims for a more expansive experience ...
dualshockers.com/senuas-story-length-will-be-quite-a-bit-longer-than-hellblade-1-and-2/

Ori director says Game Pass needs "smash hits," not studios slopping out mediocre content
techspot.com/news/112849-ori-director-game-pass-needs-smash-hits-not.html
Ninja Theory cancels Project Mara: Decision made to "take the opportunity to have all the talent and expertise working together" on third Hellblade title Senua
gamesindustry.biz/ninja-theory-cancels-project-mara
Paid articlePaywallNext Xbox blowout: Three cult studios to be shut down: As Jason Schreier of Bloomberg and others report, three Xbox studios are currently facing closure if they ...
pcgames.de/Microsoft-Xbox-Konsolen-18125/News/ninja-theory-hellblade-senua-double-fine-compulsion-games-1545422/

Ninja Theory shows "Senua": "Hellblade" series gets more gameplay mechanics: Ninja Theory showed "Senua" at the Xbox Games Showcase, a successor in the Hellblade ...
heise.de/news/Senua-Ninja-Theory-stellt-neues-Hellblade-Spiel-fuer-Xbox-und-PS5-vor-11320970.html

Xbox Shoots Down Reversal On Exclusive Games Rumour: Xbox shoots down claims that it will change its mind on console exclusivity again, reaffirming that Gears of ...
thegamer.com/xbox-denies-exclusive-game-reversal-rumour/

It just keeps getting worse—Microsoft reportedly already had Ninja Theory in its crosshairs while pushing the announcement trailer for its next game
pcgamer.com/gaming-industry/it-just-keeps-getting-worse-microsoft-reportedly-already-had-ninja-theory-in-its-crosshairs-while-pushing-the-announcement-trailer-for-its-next-game/

Xbox Hypes Up Gamescom Return Amid Questions About Its Future: Xbox is back at Gamescom this year, but under a cloud of uncertainty.
gamespot.com/articles/xbox-hypes-up-gamescom-return-amid-questions-about-its-future/

Why Microsoft Announced Ninja Theory's New Game Despite Plans to Shut the Studio Down
ign.com/articles/why-microsoft-announced-ninja-theorys-new-game-despite-plans-to-shut-the-studio-down

Xbox: Mehrere namhafte Studios stehen vor dem Aus: According to Bloomberg, Xbox studios Compulsion, Double Fine, and Ninja Theory are in talks about a split – ...
heise.de/news/Xbox-Compulsion-Games-Double-Fine-und-Ninja-Theory-droht-Schliessung-11333377.html

Xbox exodus: Microsoft plans to close several first-party game studios: Microsoft hat offenbar die Schließung von mindestens drei wichtigen hauseigenen ...
winfuture.de/news,159362.html

Hellblade Studio Hunting for Buyer, Days After Announcing New Game for PS5: It's barely been a week
pushsquare.com/news/2026/06/hellblade-studio-hunting-for-buyer-days-after-announcing-new-game-for-ps5

Paid articlePaywallDouble Fine Could Be Hit Hard By Xbox Layoffs, Analytics Lead Suggests: A reliable analyst has suggested that Psychonauts developer Double Fine is likely on ...
thegamer.com/xbox-studio-shutdown-rumour-double-fine-ninja-theory-most-likely-analyst/

Senua: Ninja Theory setzt die Hellblade-Reihe mit mehr Action fort: Ninja Theory hat den dritten Teil der Hellblade-Saga angekündigt, nennt diesen aber nicht so ...
winfuture.de/videos/Spiele/Senua-Ninja-Theory-setzt-die-Hellblade-Reihe-mit-mehr-Action-fort-28763.html

New Hellblade That's More of a 'Game' Reportedly In the Works, Ninja Theory No Longer Working on Project Mara - IGN
ign.com/articles/new-hellblade-thats-more-of-a-game-reportedly-in-the-works-ninja-theory-no-longer-working-on-project-mara

Hellblade Dev Plotting a More Gameplay Focused Successor, Presumably for PS5: Hack it
pushsquare.com/news/2026/01/hellblade-dev-plotting-a-more-gameplay-focused-successor-presumably-for-ps5

Hellblade 2's Xbox to PS5 Port Seems Like It Was a Breeze to Make: It went "very smoothly", says developer
pushsquare.com/news/2025/08/hellblade-2s-xbox-to-ps5-port-seems-like-it-was-a-breeze-to-make

Senua's Saga: Hellblade II - Enhanced [PS5 - 78] reviews are coming in: Senua's Saga: Hellblade II - Enhanced Reviews "More enjoyable as a visual and auditory experience than it is to actually ... Show more
Senua’s Saga: Hellblade 2 hits PS5 on August 12: Ninja Theory's Hellblade 2 will be released for PS5 on August 12. That's the same day an enhanced edition drops ...
engadget.com/gaming/playstation/senuas-saga-hellblade-2-hits-ps5-on-august-12-151731215.html
Hellblade 2 Enhanced: | "Very high" graphics preset and Steam Deck are tempting: The enhanced version of Hellblade 2 will be released in August ...
pcgameshardware.de/Senuaxs-Saga-Hellblade-2-Spiel-72402/News/Hellblade-2-Enhanced-Features-1475804/

Senua’s Saga: Hellblade 2 is coming to PS5 this summer: Ninja Theory's Senua’s Saga: Hellblade 2 is coming to PS5 this summer. The game launched for Xbox last ...
engadget.com/gaming/playstation/senuas-saga-hellblade-2-is-coming-to-ps5-this-summer-163539229.html