Hellblade studio Ninja Theory has started laying off staff, the article reports.

Xbox previously signaled the acclaimed developer faces total closure, according to coverage in the article.

Workers began posting departure news as structural cuts rolled out in the U.S. and Europe.

Studio leaders tried two buyout deals to spin the team away from Xbox.

Both rescue agreements collapsed in final negotiations, leaving no financial safety net.

Separation notices followed quickly after the failed independence bids, according to coverage in the article.

Institutional knowledge behind major cinematic titles is now at risk.

Microsoft stakeholders are still deciding the fate of remaining staff and unreleased projects.

Read the full article for more details on Ninja Theory's layoffs.