Earlier today, Phoenix Labs confirmed a corporate restructuring and cancellation of all unreleased projects via a post on LinkedIn. The company has announced that it will focus on its existing titles in Dauntless and Fae Farm while cancelling work on all other projects. According to reports, over 100 employees of Phoenix Labs have been affected by the restructuring/layoff.
While the company had not yet announced any upcoming titles, it appears that one may have been nearing an Early Access announcement/launch. The Phoenix Labs website briefly mentions its upcoming titles:
“We have several new projects in development spanning a wide range of styles and genres – fantasy, sci-fi, action, strategy, and everything in between. We’re excited to share more very soon.”
The complete post on LinkedIn is as follows:
“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.”
Noisy Pixel wishes the best for anyone who has been affected by today’s news.
