60 to 70 people reportedly affected.
Reikon Games has reportedly laid off 60 to 70 people, equating to 56 percent of the company.
According toKotaku, layoffs at the Ruiner developer happened on 23rd January.
The Poland-based company was established in 2014.
It went on to release Ruiner, a brutal action shooter, in 2017.
The studio has since shared a tease for its next game with a piece of sci-fi inspired artwork.
“Piece by piece, implant by implant, everything is being prepared,” Reikonsharedin September last year.
“Our new game is coming.
Are you ready to know more?”
The studio was hiring for available positions at the company as recently asAugust.
Just yesterday,Microsoft announced it was laying off 1900 employeesacross its video game teams.
In an email sent around the company, Microsoft’s gaming headPhil Spencercalled this a “painful decision”.
Meanwhile, earlier this month GDC published its 2024 State of the Game Industry report.
Here, it said 35 percent of game developers had been impacted by layoffs in the last 12 months.
Additionally, half of those surveyed said they areconcerned more job cuts are on the way.