Rumors are coming thick and fast about the future of the studios under Xbox's banner right now. One such studio is Arkane, which was reported to be in the line of fire amid a "wave of cost cuts and job losses" at the end of last month, with Marvel's Blade at risk of cancellation as the team finds itself over budget and missing internal deadlines.
There was a sliver of hope this weekend when newly unearthed French corporate registry filings surfaced, appearing to show Indiana Jones and the Great Circle game director and MachineGames studio director Jerk Gustafsson taking over as president of Arkane on June 30. However, Bloomberg reporter Jason Schreier clarified in a Reddit thread that Gustafsson actually took over leadership of both Arkane and MachineGames back in the summer of 2025—long before the Xbox management shake-ups began. Unfortunately, that means the prior reporting stands, and Arkane remains at risk.
However, considering the speed at which Xbox is making and reversing course on its decisions—leading to conflicting reports about other first-party studios—the complete picture remains unclear. Just this week, it was claimed that Xbox was actively discussing the possibility of shuttering or selling Fallout: New Vegas...
