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Phoenix Labs reportedly lays off over one hundred employees

The studio has also canceled development of all projects except for Dauntless and Fae Farm.

Donovan Erskine

May 16, 2024 2:55 PM

Phoenix Labs

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Phoenix Labs, the studio behind Dauntless and Fae Farm, has confirmed layoffs as part of restructuring. The studio has not confirmed how many people will be impacted by the layoffs, but reports state that the number is over one hundred.

Phoenix Labs confirmed the layoffs in a LinkedIn post today. “This unfortunately means canceling work on all other projects at the studio, which will impact many of our colleagues immediately. We are giving notices to everyone whose roles are affected.”

The studio goes on to state that it will be focusing on the ongoing development of Dauntless and Fae Farm. According to a Polygon report, Phoenix Labs has canceled all other in-development games. The same report claims that the layoffs affect over 100 employees.

This marks the latest in what has been a historically unfortunate year for layoffs in the games industry. We’ll continue to cover the largest stories in the gaming business.

Donovan Erskine

News Editor

Donovan is a journalist from Maryland. His oldest gaming memory is playing Pajama Sam on his mom's desktop during weekends. Pokémon Emerald, Halo 2, and the original Star Wars Battlefront 2 were some of the most influential titles in awakening his love for video games. After interning for Shacknews throughout college, Donovan graduated from Bowie State University in 2020 with a major in broadcast journalism and joined the team full-time. He is a huge film fanatic and will talk with you about movies and games all day. You can follow him on twitter @Donimals_