As you may have seen, it was revealed earlier today that Xbox is shutting four studios including Arkane Austin and Tango Gameworks, with the latter being responsible for Hi-Fi RUSH, Ghostwire: Tokyo, The Evil Within and others.
The news was confirmed by Tango Gameworks shortly after the initial report via a post on social media:
Lots of Xbox fans are clearly devastated by this news - both here at Pure Xbox and across the wider community. The reception has been an angry one, particularly considering the outstanding release of Hi-Fi RUSH last year:
Sadly, even one of the most beloved Xbox first-party releases of the Xbox Series X and Series S generation clearly wasn't enough to save Tango Gameworks, and therefore you can surely kiss goodbye to any signs of a sequel.
As for Arkane Austin, it's been terrible news for that studio as well (although some staff members are transferring to other Bethesda teams), with Redfall no longer set to receive any new updates or DLC in the future.