Thick as Thieves studio hit by layoffs affecting 17 employees

The video game industry's ongoing wave of restructuring has claimed more jobs, with independent developer Thick as Thieves confirming that it has been hit by a round of layoffs. According to reports, the staff cuts have affected 17 employees at the studio, directly resulting from the sudden cancellation of an unannounced project. The news adds to the growing list of mid-sized studios forced to scale back operations in a volatile economic landscape.

Thick as Thieves had been working on multiple projects when the decision was made by their publishing partner to pull the plug on one of their key titles. The cancellation immediately impacted the studio's resource requirements, leaving leadership with few options but to reduce the headcount. Affected staff members represent various development disciplines, and the studio has expressed its deep regret over losing talented colleagues under such sudden circumstances.

This latest development highlights the fragile nature of independent game development, where a single project cancellation can threaten the stability of an entire team. Industry observers and fans have expressed their support for the affected developers, many of whom are already seeking new opportunities in a highly competitive job market. The situation serves as a stark reminder of the financial pressures and project risks that continue to loom over the games industry worldwide.

Source: GamingBolt - https://gamingbolt.com/thick-as-thieves-studio-hit-by-layoffs-affecting-17-employees-due-to-another-projects-cancellation