Phoenix Labs Lays Off Over 100 Employees, Cancels Multiple Projects
The developer of Dauntless and Fae Farm undergoes major restructuring to focus on flagship titles.
Overview
- Phoenix Labs laid off over 100 employees and canceled all in-development games.
- The studio will concentrate on live service titles Dauntless and Fae Farm.
- This marks the third round of layoffs for Phoenix Labs in just over a year.
- Former employees report the layoffs were announced during a mass Zoom call.
- The restructuring was driven by economic challenges and new ownership by blockchain company Forte.