They're closing the UK office?
No, how I see it, Studio 42 is in reality their main holding, it'll be the center point of any contraction. US holdings go first, pulling back toward their EU holdings, then lights out.
CIG-LA // Chris, Sandi, corporate
CIG-TX // Chris's friends (e.g. Tony Z et al), tech ops, PU dev
F42-GER // CryTek refugees, engine dev
F42-UK (Manchester) // Chris's brother Erin, SQ42, CS and God knows what else since they're clearly not working on SQ42
F42-UK (Derby) // Contingency plan for F42-UK downsizing most likely, since there's NO need for a studio just for face tech
F42-UK is the main and largest studio. Also Chris can escape and stay over there.
All the other studios are 100% expendable, and can be closed.