Double Fine and Compulsion Games are going independent, and Microsoft is also selling Ninja Theory and Undead Labs.

Microsoft has announced it is cutting 4,800 jobs, including many in its Xbox division. This represents about 2.1% of its global workforce.

Xbox will cut about 3,200 jobs and offload five studios, including the UK’s Ninja Theory and France’s Arkane, in its biggest-ever restructure.

Microsoft eliminated approximately 2.1% of its global workforce