League of Geeks: Battling for Survival Amidst Layoffs and Development Halt

1 min read
Source: GamesIndustry.biz
League of Geeks: Battling for Survival Amidst Layoffs and Development Halt
Photo: GamesIndustry.biz
TL;DR Summary

Armello developer League of Geeks has laid off 50% of its staff, including the entire team behind Jumplight Odyssey, due to a funding gap. The studio was in talks with major investors to secure funding but had the rug pulled from under its feet. The layoffs announcement was made internally during an all-hands meeting. League of Geeks is hopeful that Australia's newly adopted digital games tax offset will help the studio find its feet again. The studio now has cash flow until the end of March and is focused on launching Solium Infernum.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

12 min

vs 13 min read

Condensed

96%

2,50793 words

Want the full story? Read the original article

Read on GamesIndustry.biz