Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Yet another video game developer has been hit by layoffs. This time it’s the Dauntless and Fae Farm developer Phoenix Labs, which posted its announcement regarding restructuring on LinkedIn late last night. The statement goes as follows: “Today is an incredibly difficult day. After a long period of evaluating how to navigate our economic environment, we have to significantly restructure the company to pave the path for a strong future. We are reorganizing Phoenix Labs to focus on our best-in-class live service titles, Dauntless and Fae Farm, and serving their communities.” It continues by acknowledging the cost of such a venture. “This unfortunately means cancelling work on all other projects at the studio, which will impact many of our colleagues immediately. We are giving notices…<\/p>\n
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