Phoenix Labs, the developer behind Fae Farm and Dauntless, is undergoing a significant restructure that includes the cancellation of all other projects and the laying off of approximately 140 staff members. The studio made the announcement in a LinkedIn post, explaining that the decision was made after a thorough evaluation of the economic environment to ensure a strong future for the company.
While the exact number of affected staff members was not disclosed in the statement, principal engineer Kris Morness revealed in a separate post that approximately 140 people have been impacted by the layoffs. Additionally, one of the cancelled projects was a game that was set to be announced within the next month.
Restructuring and layoffs are not uncommon in the gaming industry as studios adapt to changing market conditions and business needs. However, it is always unfortunate to see talented individuals lose their jobs and projects come to an end.
Phoenix Labs is known for its work on Fae Farm, an upcoming farming and life simulation game, and Dauntless, a popular free-to-play action role-playing game. While the cancellation of projects and staff layoffs are undoubtedly challenging, the studio remains committed to its existing titles and is determined to navigate through this period of change.
The gaming industry is constantly evolving, and studios must make difficult decisions to ensure their long-term sustainability. As Phoenix Labs undergoes this restructure, fans and industry observers will be watching closely to see how the studio adapts and moves forward.
Our thoughts go out to those affected by the layoffs, and we hope that the talented individuals impacted by this restructuring find new opportunities in the industry. The gaming community is known for its resilience, and we are confident that Phoenix Labs will continue to deliver enjoyable gaming experiences for players in the future.
Source: https://www.eurogamer.net/fae-farm-developer-phoenix-labs-lays-off-staff-and-cancels-projects-in-significant-restructure
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