REPORTED · WARN NOTICE✓ VERIFIEDAdded Feb 6, 2026

Intrepid Studios, Inc. Layoff — February 2026

SOURCEOFFICIAL FILINGCalifornia Employment Development Department· filed January 31, 2026View the filing ↗

EMPLOYEES AFFECTED

123

EFFECTIVE DATE

Feb 2, 2026

What we know

Location: San Diego, CA (San Diego County).

A WARN notice for this layoff is recorded on January 31, 2026.

Disclosed through an official WARN filing with the CA state workforce agency.

Summary

Intrepid Studios, developer of the Kickstarter-backed MMO Ashes of Creation, announced it was closing and that 210 staff would lose their jobs effective February 2, 2026, a figure the company reported to California authorities under the state's WARN Act. The closures followed resignations of senior leadership, earlier smaller cuts, and criticism of the game's Early Access launch over bugs, performance and other issues. Founder Steven Sharif said he resigned in protest after control shifted away from him and the board directed actions he could not support; a US law firm has begun an investigation alleging insufficient WARN notice. The studio previously had a development team of about 240 before recent small layoffs, and the mass layoff followed WARN Act notices issued by the board.

Intrepid Studios, Inc. disclosed this layoff in an official WARN (Worker Adjustment and Retraining Notification) notice recorded by the CA state workforce agency on January 31, 2026. The notice covers 123 employees in San Diego, CA (San Diego County), with the layoff effective February 2, 2026.

LayoffTalk has tracked 8 layoff events at Intrepid Studios, Inc. since October 2023, including 123 jobs documented in official WARN filings, with 7 additional events known from news reporting.