Overview

• Romero Games confirmed that its publisher pulled funding for the upcoming Unreal Engine 5 FPS, which led to the project’s cancellation.
• The studio issued statements refuting reports of a full shutdown and affirmed that it remains operational.
• Management is conducting a comprehensive review of staffing levels, acknowledging that some layoffs may occur.
• Several interested publishers have reached out to Romero Games with proposals to back and complete the canceled shooter.
• Industry observers link the funding withdrawal to Microsoft’s recent Xbox Game Studios layoffs that affected about 9,000 employees.