The NetEase-backed studio fashioned by ex-Avalanche Studios founder Christofer Sundberg has introduced that it’s making a spherical of layoffs.
In a message posted on its web site, Sweden-based Liquid Swords stated it was making the cuts following a evaluation of its funds and within the face of “the current challenges of the online game trade”.
It stated the “deeply regrettable” modifications are “supposed to make sure the studio’s long-term sustainability”.
Liquid Swords was established in 2020 by Sundberg, who was beforehand the founder, proprietor and artistic director at Avalanche, which is finest generally known as the developer of the Simply Trigger franchise.
When the indie studio was introduced in 2022, it stated it was planning to develop to a 100-strong group in 2023.
Its web site has additionally described its debut mission as “a linked single participant motion RPG” and “a hard-boiled tackle the open-world crime style”.
Sundberg stated in in the present day’s assertion that the corporate stays dedicated to its imaginative and prescient regardless of the deliberate restructuring.
“I promised our workers and shareholders success and to construct a studio redefining recreation growth with a small, expert-driven group and a sustainable work mannequin,” he wrote. “Whereas we achieved a lot of this, shifting market circumstances prevented us from succeeding inside our timeframe.
“Consequently, we should half methods with gifted people who’ve been instrumental in our journey. That is extremely tough, however we stay dedicated to our imaginative and prescient and can proceed to work on our IP and first recreation with a devoted group.”
Liquid Swords’ growth group contains workers whose credit embody the Simply Trigger, Battlefield, Grand Theft Auto, Minecraft, and PayDay franchises.
