Sony Interactive Entertainment has shut down the developer behind troubled hero shooter Concord, Firewalk Studios.
The PlayStation firm revealed the news in a post from Business Group CEO Herman Hulst that it had opted to make this decision "after much thought." SIE is also shutting down mobile developer Neon Koi.
Hulst wrote that though Concord was "exceptional" in some parts, the game failed to meet the mark, not least because the PvP first-person shooter genre is very competitive.
"I know none of this is easy news to hear, particularly with colleagues and friends departing SIE," he said.
"Both decisions were given serious thought, and ultimately, we feel they are the right ones to strengthen the organisation. Neon Koi and Firewalk were home to many talented individuals, and we will work to find placement for some of those impacted within our global community of studios where possible.
"I am a big believer in the benefits of embracing creative experimentation and developing new IP. However, growing through sustainable financials, especially in a challenged economic environment is critical.
"While today is a difficult day, there is much to look forward to in the months ahead from the Studio Business Group and our teams. I remain confident that we are building a resilient and capable organisation driven by creating unforgettable entertainment experiences for our players."
Concord launched at the end of August and was pulled from sale in early September.
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