Browsing: Fine

July has been a brutal month for the video game industry. Sadly, the months beforehand haven’t been much different.

Psychonauts studio Double Fine Productions laid off a quarter of its staff yesterday, three weeks after Xbox announced a massive restructuring that included laying off 3,200 employees of its own and spinning off four studios, including Double Fine.

Double Fine Productions has reduced its workforce by 25% following its full separation from Xbox earlier this week.

Psychonauts developer Double Fine Productions was among the five studios spun off from Xbox as part of its ongoing restructuring, and while it (thankfully) avoided closure, the divorce has forced the team to make cuts. Specifically, the studio has announced the departures of 23 staff members.

Tokio Marine Highland, a property and casualty insurance underwriting company, has announced the appointment of Casey Santangelo to President of Fine Art and Collectibles, effective immediately

Microsoft is spinning off four of its Xbox game studios — Compulsion Games, Double Fine Productions, Ninja Theory, and Undead Labs — as part of the restructuring announced today. However, two that are going independent, Double Fine and Compulsion, will get to keep their franchises and games catalog