Overview
- Polyarc announced its closure on Friday and said it will wind down active development while dismissing 29 employees, including co‑founders Chris Alderson and Danny Bulla and CEO Tam Armstrong.
- The studio posted a farewell message on its official LinkedIn page and included a public 'reverse recruiting' spreadsheet with contact information to help affected staff find new roles.
- Founded in 2015 by former Bungie employees, Polyarc built a reputation with VR narrative adventures including Moss (2018) and Moss: Book II (2022) and released the non‑VR compilation Moss: The Forgotten Relic in July 2026.
- Reporters say the closure follows a March wave of layoffs after Polyarc lost funding for a major mid‑development project and failed to secure replacement financing, which left the studio financially fragile.
- Coverage frames the shutdown as part of wider pressure on VR developers after major platform shifts in early 2026, and observers note that new hardware or platform interest could change the sector’s fortunes but no concrete rescue is confirmed.