Report: Arkane Studios has until November 13 to find a buyer

Arkane Studios (107 articles)” href=”https://www.gematsu.com/companies/zenimax-media/arkane-studios”>Arkane Studios, including Xbox (29,009 articles)” href=”https://www.gematsu.com/platforms/xbox”>Xbox announced its intention to divest in July, faces a November 13 deadline in the consultation process surrounding its planned closure, with “several forms of redemption” would be under study, according to the French newspaper Le Monde.

The report, citing a union representative from Printemps Ecoologique, the only union representing Arkane Studios, said several buyout options are being considered as Microsoft seeks a partner for the studio.

The search for a buyer began in mid-summer as part of the Florange law, which requires companies with at least 1,000 employees to look for a buyer during certain closures resulting in massive layoffs.

The November 13 deadline marks the end of consultations with the social and economic committee of Arkane Studios. Around 217 jobs are at risk.

The information comes from reports in Le Monde and union declarations, and not directly from Arkane studios. Microsoft separately told the publication that it is “actively seeking a partner to support the next phase of development and enable commercialization of ( Marvel’s Blade (2 items)” href=”https://www.gematsu.com/games/marvels-blade”>Marvel’s Blade) project.”

Arkane Studios, also known for Dishonored And Death loopannouncement Marvel’s Blade in 2023, of which a union representative declared to Le Monde that “the end is approaching” of production. The representative said it would be “a monumental waste” if it was not released, while the Syndicat des Travailleureuses du Jeu Vidéo (Syndicat des Travailleurs du Jeu Vidéo) said it was proud of the work accomplished and believed the game would be a success if it were released.

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