I assume that somebody, somewhere, has done the detached corporate penny-pinching to make this all make sense on paper. But this is a disastrous move from a consumer goodwill standpoint. If you have the CEO of a studio which handed you a major commercial success publicly mourning the depth and scope of your layoffs, something’s gone wrong.
Why would anyone create a new studio? There isn’t a studio involved with this.
This has nothing to do with the balders gate 3 devs.