The studio, founded by Respawn alumni, says it has let go of the majority of its team<\/p>\n
Image credit: Gravity Well <\/p>\n
Gravity Well, an independent studio founded by Respawn Entertainment alumni, has let go of the majority of its team after losing its funding.<\/p>\n
The studio’s three leaders, Drew McCoy, Jon Shiring, and Mon Saetern, said in a LinkedIn post that it lost its funding this summer and is still searching for a new partner. As a result, “Gravity Well has had to say goodbye to the majority of our team – over 40 amazingly talented developers.”<\/p>\n
“Everyone was informed of the situation as it was unfolding, and have been aware of this possibility if we were unsuccessful in finding new funding,” the statement said.<\/p>\n
“We take it seriously that the team has stuck with us throughout this process, hopeful that we could find a solution before funds ran out. We are truly sad that we couldn’t get it done in time to keep the team together.”<\/p>\n
A much smaller team will carry on as the studio continues to “fight for survival,” but it said its future is “uncertain” given the “current state of the industry.”<\/p>\n
The studio also asked other companies to consider hiring those affected.<\/p>\n