The CEO of Obsidian, Feargus Urquhart, has said that the company is not worried about Microsoft closing the studio down. 

Speaking to PC Gamer, the exec and founder expressed his distress at the wave of layoffs and studio closures, having previously experienced them from a management perspective. Urquhart added that both him and the team are focusing on the now and not thinking too much about tomorrow. 

This follows Xbox closing a number of studios, including Tango Gameworks and Arkane Austin, in addition to 1.9k layoffs in recent months.  

"It's just horrible," Urquhart said.

"At Obsidian we had to go through three layoffs [before being acquired]. They're right behind my parents' deaths as some of the worst days I've ever had, so no, these are just not great things."

He continued: "Everything that's happened over the last six months with layoffs and the pinnacle of this stuff with Tango and Arkane and the other studios, it really has made people worried, and shaken. I think we just try to say 'Hey, this is what we're working on today, and we believe in it.' I'm not saying that [Tango and Arkane] didn't believe in what they're doing, but we just keep our heads down and move forward and say we're working on great games. We're working on Avowed, we're working on Outer Worlds 2. It's probably not a surprise—we have other stuff we're thinking about and looking at doing."