Romero Games announced that funding for its first-person shooter, revealed in 2022, was withdrawn, coinciding with significant layoffs at Microsoft affecting 9,000 employees and leading to multiple project cancellations. The studio clarified on social media that it remains operational and is reassessing its staffing and operations amid concerns about its stability. While the publisher responsible for the funding withdrawal has not been disclosed due to confidentiality agreements, speculation arose regarding the timing of the decision. Former employees expressed fears of the studio shutting down or being sold. Romero Games hopes to attract interest from investors to support their ongoing development efforts.