Fae Farm and Dauntless developer Phoenix Labs is undergoing a significant restructure, cancelling all other projects and laying off around 140 staff.
“We are reorganising Phoenix Labs to focus on our best-in-class live service titles, Dauntless and Fae Farm, and serving their communities,” the studio’s statement continues.
Dauntless, its first game, is an ARPG released in 2018, while farming life sim Fae Farm was released just last year.
“Our games teams were unaffected and our work continues across our titles at Phoenix Labs,” it said at the time.