TerraTech developer Payload Studios has announced a wave of layoffs that will affect 25% of its workforce.
CEO and founder Russ Clarke shared the news on LinkedIn, citing the “struggles affecting the industry at large” for the decision.
“We've done everything we can to avoid this, and I'm not saying we've done everything right over the last few years, but the bottom line is that the gaming market has been very tough lately and it shows no signs of getting better,” Clarke wrote.
“Small independents like us have no protection against this, except to 'get it right' every time, which is much easier said than done.”
He continued: “TerraTech and TerraTech Worlds will continue to be maintained and developed without interruption. We thank our wonderful community for their support and wish the best to those amazing coworkers with whom we have shared this incredible journey, but we must now sadly part ways.”