It's a completely weird decision, but I'm trying to stay positive... Since it basically remains as a licensing company for all the LucasArt franchise, maybe it means some companies will obtain licenses for some long-dead franchises like Zombies Ate My Neighbors and Grim Fandango and Full Throttle... One can only hope.
Still, that's a bunch of people losing their jobs right there, hopefully some of them will find something else... in a crashing industry...