Yet another video game developer has been hit by layoffs. This time it's the Dauntless and Fae Farm developer Phoenix Labs, which posted its announcement regarding restructuring on LinkedIn late last night.
The statement goes as follows: "Today is an incredibly difficult day. After a long period of evaluating how to navigate our economic environment, we have to significantly restructure the company to pave the path for a strong future. We are reorganizing Phoenix Labs to focus on our best-in-class live service titles, Dauntless and Fae Farm, and serving their communities."
It continues by acknowledging the cost of such a venture. "This unfortunately means cancelling work on all other projects at the studio, which will impact many of our colleagues immediately. We are giving notices to everyone whose roles are affected. The restructure has not come easily, and has truly been the last resort to ensure Phoenix Labs can survive, and thrive in the long term. 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."