Phoenix Labs lays off over 100 staff, cancels all upcoming projects
gematsu.comPhoenix Labs has reportedly laid off over 100 employees and canceled development on all non-Dauntless and Fae Farm projects.
In a message to posted on LinkedIn, the studio said that it will focus on serving the communities of its two live service games Dauntless and Fae Farm going forward, and that “work on all other projects at the studio” has been canceled.
According to Polygon reporter Nicole Carptenter, speaking to two sources at the studio, over 100 employees were impacted by the cuts, and one of the canceled games was nearing an announcement.
“This restructure has not come easily, and truly has been the last resort to ensure Phoenix Labs can survive, and thrive in the long term,” the studio said. “It’s impossible to put into words how deeply we value every talented individual who has contributed their hard work and passion to every project at our studio.”
Get the full message from Phoenix Labs below.
Read more on gematsu.com
