Iron Galaxy Studios—known for Rumbleverse and bringing The Last of Us to PC—has let go of 66 employees in what the company has called a “last resort”.
In a post on LinkedIn, the studio says that it has been “making sacrifices” in order to keep its team together. Unfortunately, those efforts haven’t been able to keep things sustainable leading to the moves being made.
“It has been our hope that we could emerge from this long winter alongside all the teammates who have come to work with us over the years,” they said. “Today, we’re making the unfortunate announcement that we have run out of room to maneuver amidst this slow recovery.
“Today, Iron Galaxy is parting ways with some of our developers and support staff. In total, we have reduced our employee base by 66 people. This was a means of last resort for us. It’s a measure we do not take lightly to enable our long-term survival.”
The latest employment numbers put Iron Galaxy Studios at 270 employees. The 66 employees account for nearly 25% of the companies workforce.
The studio says it’s still “committed to serving” its partners in game development. They are also going to look for “new ways to support” the industry.
“At this moment, our focus is on our teammates who have begun a journey toward their next role,” they added. “We thank them for working with us. We’ll be doing everything we can to support them in the search for the next phase of their careers.:
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