Intrepid Studios Issues Termination Notices Affecting Over 200 Staff
SOURCENews reportView the filing ↗
What we know
Location: San Diego, California, USA.
Based on news reporting.
Summary
Following the troubled Early Access launch of Ashes of Creation and its removal from Steam, Intrepid Studios experienced internal turmoil including departures of much of the management team and reports of unpaid salaries. The article reports that more than 200 employees received termination notices (WARN), indicating a substantial workforce reduction at Intrepid Studios. The leak of alleged financial statements and scrutiny of spending practices has intensified scrutiny on the studio and its leadership, with CEO Stephen Sharif denying the allegations and characterizing the disclosures as slander and part of ongoing legal disputes. A San Diego court has issued a temporary restraining order in a board-level dispute over control of the company and its intellectual property.
Intrepid Studios, Inc. cut 200 jobs in CA as of July 28, 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.
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