Well, fuck.
Redfall may have been a major failure, but Arkane Austin also made Prey 2017 and could have bounced back if the company just developed another game that played to their strengths (should be noted Arkane Lyon, the studio that made Dishonored and Deathloop, and is now working on the Blade video game, is unaffected). For Tango Gameworks I'm legit confused why the hell they're being shuttered. The Evil Within 1 and 2 along with Hi-Fi Rush did well! Why are they closing?! Another studio also being shuttered is Alpha Dog Studios, a mobile game company that did Mighty Doom.
Damn it Microsoft I actually thought you might be one of the better companies to acquire other studios given how loaded you are, but damn it now you're just as bad as EA and Acti-Blizz with this shit!
Bah, I'm now wondering if those rumors that Microsoft is planning on going full third party might be true after all. I like my Xbox Series X but damn it Microsoft ain't doing a great job propping it up with worthwhile first party titles this generation. They probably should just start putting all their stuff on PlayStation and Nintendo going forward.