"It was a pretty harrowing three months" – Undead Labs head Philip Holt on what happened after Xbox cut the studio loose

Back in July, Xbox announced plans to divest five studios . Among them was State of Decay maker Undead Labs, which Microsoft had acquired back in 2018. Undead Labs CEO Philip Holt tells GamesIndustry.biz that he had a small amount of warning before the public announcement, but it still came as a shock. It led to a "deeply unsettling" atmosphere for the employees at the studio, who dwelt on the "fear of what would happen if we all became unemployed," says Holt, as well as worrying they might not have a chance to ship State of Decay 3, a game…