Intrepid Studios Closes Down, Halting Ashes of Creation Development
SOURCENews reportView the filing ↗
What we know
Location: San Diego, California, USA.
Department affected: Development Team.
Based on news reporting.
Summary
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.
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.
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