New York developer Velan Studios is cutting jobs as part of a reorganisation.
06.03.2024 - 10:25 / gamesindustry.biz
Spearhead Games is ending production of Unforetold: Witchstone, which launched on January 4, and is laying off the majority of its staff.
In a statement shared on LinkedIn, the Montreal-based developer said production on the game will end indefinitely on March 8, as will its Discord server.
"The past few weeks have been challenging, as the combined impact of financial prospects that did not materialise have put us in a difficult position," it said.
"It further saddens us that due to these financial circumstances, we have had to make the tough decision to lay off the majority of our team. These developers created worlds unseen from nothing but with sheer will and collective imagination – a testament to the heart and soul poured into this studio. We want to express our heartfelt thanks to them for their passion and hard work."
The studio added: "We also want to assure you that we are doing everything in our power to support everyone effected. We have hired companies to help with personalised career coaching, emotional support, networking, and job placement assistance.
"As we move forward, we ask for your understanding and patience as we navigate through this transition period and find ways to rebuild again."
Spearhead Games was established in 2011 by former Ubisoft and EA developers, releasing titles such as Tiny Brains, Omesight, and Stories: The Path of Destinies.
Sign up for the GI Daily here to get the biggest news straight to your inbox
New York developer Velan Studios is cutting jobs as part of a reorganisation.
Originally announced back at Gamescom 2022, dark historical fantasy RPG Wyrdsong’s developer, Something Wicked Games, seems to be the most recent studio to suffer mass layoffs.
We knew it was coming, particularly considering the ultimate demise of E3, but today Geoff Keighley announced when this year’s big Summer Game Fest kickoff show will take place. This year’s event will be livestreamed to the world on June 7 and once again emanate from the Los Angeles' YouTube Theater. If you’d like to take in the festivities in person, public ticket sales will begin on May 7. In the meantime, you can sign up for alerts at the Summer Game Fest website.
Web3-enabled fantasy sports platform Sorare laid off 22 employees based in its New York office in February. The move comes as the startup wants certain teams to be concentrated at the company’s Paris headquarters to improve communication and efficiency, a source familiar with the matter told TechCrunch.
Unforetold: Witchstone developer Spearhead Games is laying off the majority of its staff.
Australian studio Torus has laid off its team and will be on a hiatus for the foreseeable future.
Long-running Australian studio Torus Games is "hibernating" but not closing down.
Developer Radical Forge has made a few layoffs as part of a "minor restructuring".
Indie studio Radical Forge has been hit with a round of layoffs, with an unspecified number of employees affected.
Deck Nine has announced that it had laid off 20% of its overall workforce, due to the current market situation which has led to a large scale series of redundancies across the video game industry. The developer, which has developer Life Is Strange: True Colors, Life Is Strange: Before The Storm, Life Is Strange Remastered Collection, and The Expanse: A Telltale Series, confirmed the news of X, formerly known as Twitter.
In yet another chapter of the seemingly unending layoff news, Electronic Arts (EA) announced it's laying off 5% of its employees, amounting to around 670 people.
EA announced that it will lay off 5% of its workforce by the end of March as part of an initiative that will also see it move away from making a lot of externally licensed games in the future.