Location: San Diego, California, USA.
Department affected: Development Team.
Based on news reporting.
Intrepid Studios, Inc., the developer behind the MMORPG Ashes of Creation, has officially closed down, leading to the layoff of approximately 100 employees. The closure comes as a significant blow to the game's development, which had garnered considerable attention and anticipation. The studio's shutdown was confirmed shortly before Steam disabled purchases of the game, indicating a sudden halt in operations. This decision reflects broader challenges within the gaming industry, but specific reasons for the studio's closure were not detailed. The impact of this closure will likely resonate with the game's community and the employees affected in San Diego.
Intrepid Studios, Inc. cut 100 jobs affecting its Development Team team as of October 1, 2023.
LayoffTalk has tracked 9 layoff events at Intrepid Studios, Inc. since October 2023, affecting a combined 716 employees.
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