Game Dev | Velan Studios is in the “early stages” of laying off members of its 121-person staff as part of a company reorganization.
On Twitter, the New York developer explained an unnamed external partner abruptly canceled the project it was working on. Within the next 60 days, 46 employees will be let go.
“This is a rough environment for a lot of indie studios,” said Velan, “and like them, we’re faced with some very hard choices.”