Double Fine Lays Off 23 Staffers After Transitioning to Independence
Double Fine, a video game studio known for titles like Psychonauts and Brutal Legend, has announced the layoff of 23 employees as part of its transition to becoming an independent company. In a statement, founder Tim Schafer emphasized that this decision was made out of necessity to ensure the long-term sustainability of the studio. The layoffs come after Double Fine became one of four studios sold off by Microsoft's Xbox division during recent restructuring efforts. Despite being divested from Microsoft, the studio retains ownership of its games and intellectual property. The move reflects broader industry trends where game developers are reevaluating their business models to remain viable in a competitive market.
Topics: gaming independent studios layoffs