According to Bruce Shelly, the boss at Ensemble Studios, the shut down of the studio was unexpected and a shock.
What he says here is very sad and I feel for him:
http://kotaku.com/5053403/ensemble-shocked-by-closure-bruce-shelley-wont-be-joining-new-studio
"Everyone at our studio was shocked, and I think remains very disappointed that this is going to happen. I believe we thought we were immune to shut-down talk because our published games have done so well and have been so profitable. Plus we felt we had built a really stable (low-turnover), talented, hard-working, and creative team, which is not easy to do. We thought we were among the best studios in the world, and that may be true, but we don't fit in the future plans of MGS as an internal studio so we're out."
He goes on to say:
"I do not expect to be part of the new company formed after ES is shut down".
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