Phoenix Labs lays off over 100 staff, cancels all upcoming projects
Studio to focus on serving Dauntless and Fae Farm communities going forward.
Phoenix Labs has reportedly laid off over 100 employees and canceled development on all non-Dauntless and Fae Farm projects.
In a message to posted on LinkedIn, the studio said that it will focus on serving the communities of its two live service games Dauntless and Fae Farm going forward, and that “work on all other projects at the studio” has been canceled.
According to Polygon reporter Nicole Carptenter, speaking to two sources at the studio, over 100 employees were impacted by the cuts, and one of the canceled games was nearing an announcement.
“This restructure has not come easily, and truly has been the last resort to ensure Phoenix Labs can survive, and thrive in the long term,” the studio said. “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.”
Get the full message from Phoenix Labs below.
Today is an incredibly difficult day. After a long period of evaluating how to navigate our economic environment, we have had to significantly restructure the company to pave a 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.
This unfortunately means canceling 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.This restructure has not come easily, and truly has 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.
We are doing all we can to help our departing team members in this interim period and encourage any studios looking for incredible talent to speak with the one-of-a-kind people that have been a part of Phoenix Labs’ journey.