Velan Studios to Lay Off 46 Employees Amid Restructuring

Following the cancellation of a major project by an external partner, Velan Studios announces layoffs as part of its reorganization efforts.

Velan Studios, known for 'Mario Kart Live' and 'Knockout City,' faces layoffs affecting 46 of its 121 employees.
The layoffs come after an unnamed external partner abruptly canceled a project the studio was working on.
In response to the cancellation, Velan plans to focus on current projects and seek new partnerships.
The studio expresses gratitude towards its employees for their dedication and promises support through the transition.
Velan's recent releases include 'Mario Kart Live: Home Circuit,' 'Knockout City,' and 'Hot Wheels: Rift Rally.'