If you're owned by a megacorp you will either be making big commercial hits or you will be making nothing. More and more the "passion" games have to be breakouts like E33 and the like. Yes, this also applies to Sony studios, which has already done a few of these shutdowns itself
Fine: Two of the studios I've been told, including getting messages from employees at the locations who are "scared", are Compulsion and Arkane.
Despite public messaging, many within the studios have expressed real worry and have overheard conversations about the future of the studios.
I've reached out to Xbox for comment, but to no avail thus far.