
Avalanche Studios Lays Off 9% of Staff, Closes New York and Montreal Studios - News
by William D'Angelo , posted on 03 June 2024 / 1,773 ViewsAvalanche Studios has announced it is closing down its New York and Montreal studios and around 50 employees or about nine percent of employees will be laid off.
The company still has studios in Stockholm, Malmö, and Liverpool.
"Today, we regretfully announce the closure of two of those locations: New York and Montreal," reads a statement from the company. "This means we’ll be parting ways with around 50 valued friends and colleagues, which represents roughly nine percent of Avalanchers worldwide.
"This is an exceptionally difficult decision, but we believe it’s necessary to ensure a stable and sustainable future for the company.
"Our focus is now on supporting all Avalanchers through this challenging time. We’re grateful for the invaluable contributions of those leaving and remain committed to creating incredible gaming experiences for our players."
Avalanche Studios is best known for developing the Just Cause series and is currently developing Contraband for the Xbox Series X|S and PC.
A life-long and avid gamer, William D'Angelo was first introduced to VGChartz in 2007. After years of supporting the site, he was brought on in 2010 as a junior analyst, working his way up to lead analyst in 2012 and taking over the hardware estimates in 2017. He has expanded his involvement in the gaming community by producing content on his own YouTube channel and Twitch channel. You can contact the author on Twitter @TrunksWD.