The FunPlus division, which was engaged in the development of an unannounced cross-platform third-person action, may be closed.
“The end of the dream. Imagendary Studios carried out a deep restructuring and most of us were laid off,” studio artist David Luong said in his LinkedIn profile. “I remained in the team as one of the key employees to put things in order before leaving.”
GamesIndustry was the first to pay attention to his post, it also noted that the massive nature of layoffs can also be judged by examining the profiles of other employees on LinkedIn (judging by them, the bulk of layoffs occurred in June-July).
Imagendary Studios not only developed its own game, but also invested in crypto games together with the parent company FunPlus. She sponsored the Web3-oriented MMO strategy Age of Dino.
According to Game Developer, 54 people worked in the studio before the restructuring. By the way, the studio was founded by Wei Wang, who for more than ten years drew Blizzard covers, art and concepts for World of Warcraft and Starcraft 2.