Rumbleverse maker Iron Galaxy has laid off 66 members of staff in what it has described as a "last resort".
In a post on its website, the company wrote that it had been "making sacrifices" in order not to make layoffs over the last year or so, but it has found itself without any other recourse.
Iron Galaxy's own Rumbleverse launched in August 2022 but shut down six months later in February 2023. Aside from that, the studio has contributed to Sony's The Last of Us remasters for PC, as well as Metroid Prime Remastered for Switch.
"For several years now, we have watched our industry undergo significant change. So many of our friends and colleagues who work in game development have suffered a series of painful adjustments," Iron Galaxy wrote.
"We’ve seen talented people lose their jobs. Inspiring companies have closed their doors. Our own game, Rumbleverse, was met with a premature sunset.
"All the while at Iron Galaxy, we’ve been making sacrifices to keep our teams intact. It has been our hope that we could emerge from this long winter alongside all the teammates who have come to work with us over the years. Today, we’re making the unfortunate announcement that we have run out of room to maneuver amidst this slow recovery.
"Today, Iron Galaxy is parting ways with some of our developers and support staff. In total, we have reduced our employee base by 66 people. This was a means of last resort for us. It’s a measure we do not take lightly to enable our long-term survival.
"Iron Galaxy is still committed to serving our partners in the creation of games. Our capabilities remain intact to work with the best companies in the world on the most beloved player experiences. This year, we’ll continue to explore new ways to support an industry we love and keep working towards its ongoing recovery.
"At this moment, our focus is on our teammates who have begun a journey toward their next role. We thank them for working with us. We’ll be doing everything we can to support them
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