Sweden-based developer Liquid Swords has today announced an unspecified number of layoffs.
The NetEase-backed studio was formed in 2020 by Christofer Sundberg, whose name you may recognise from Just Cause’s Avalanche Studios, which he co-founded.
Liquid Swords is yet to launch its first game, and today announced plans to “reduce its workforce as part of an effort to scale back operations and adapt to current business conditions”.
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In a message on the company’s website, Liquid Swords cited “the present challenges of the video game industry” as a reason for the layoffs. It said this move is “intended to ensure the studio’s long-term sustainability” as it continues to work on its debut game.