staff reductions

AppWizard
April 23, 2025
Indie publisher Devolver Digital has reduced its workforce at Nerial, the studio behind the Reigns series, by 40 percent as part of a strategic response to challenges with recent releases. Nerial currently has 13 employees listed on LinkedIn, though it is unclear if this reflects pre- or post-layoff numbers. The Reigns franchise has generated over a million in revenue. Additionally, Polish developer Artificer has seen a workforce reduction exceeding 50 percent, and other Devolver labels, such as Good Shepherd and Big Fan, have also experienced layoffs affecting more than half of their staff in 2024. Overall, Devolver has reduced its workforce by over 30 employees between 2023 and 2024. Cult of the Lamb has generated over a million in lifetime revenue, Astroneer has surpassed the million mark, and the Gungeon series has earned over a million and sold more than five million copies. Devolver's average expenditure on third-party titles is projected to decline from approximately .99 million in 2022 to .73 million in 2025 and further to .04 million in 2026.
AppWizard
April 20, 2025
Tequila Works, a Spanish game studio founded in 2009, has declared insolvency following staff reductions and the cancellation of an unannounced project. The studio's intangible assets, including notable video game intellectual properties like Rime and Gylt, are currently up for auction on the European platform Escrapalia, with bids ranging from 10,000 to 20,000 euros. General manager Térence Mosca stated that prolonged market conditions forced the company into this situation.
AppWizard
December 5, 2024
IllFonic, the studio behind Friday the 13th: The Game and Predator: Hunting Grounds, announced staff reductions due to challenges in the gaming industry. CEO Charles Brungardt attributed the decision to broader industry conditions and the struggles of their latest release, Killer Klowns from Outer Space: The Game, which has not maintained a strong player base. He expressed regret over the cuts and encouraged industry connections for displaced team members.
AppWizard
July 3, 2024
UK developer Surgent Studios has announced job cuts, laying off "just over a dozen people" following reports on LinkedIn about staff reductions. Despite the layoffs, the company expressed pride in the team's work on Zau and their focus remains on supporting those affected, continuing work on Zau, and planning for future creative projects.
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