studio closure

Wizard with a Gun maker Galvanic is shutting down
The game did not sell enough for the studio to stay in business

Timbre Games shut down as part of Sumo cost cutting
"We need to say goodbye to the most talented, diverse, and incredible team in games"

Xbox boss Spencer says layoffs and studio closures part of running "sustainable business"
"I have to make hard decisions that frankly are not decisions I love"

Avalanche closes New York and Montreal studios
The company only set up its Canadian developer eight months ago

Fragbite CEO steps down, files for bankruptcy for developer Fall Damage
Marcus Teilman is being replaced by board member Stefan Tengvall in an interim capacity

French developer Mi-Clos closes its doors
The company was acquired by private equity firm Supernova Capital last year

Virtuos axes Calypte studio after one year
Due to the "dynamic business environment" the industry is facing at the moment

Gloria Victis studio Black Eye Games is shutting down
"It was an extremely challenging undertaking from the very beginning"