Coatsink to lay off half its staff due to "challenging co-development market"
Coatsink, known for titles like Kingdom: Two Crowns and Islanders, is undergoing a significant restructuring that will see over half of its workforce laid off. The parent company, Thunderful, announced that Coatsink has struggled to secure sufficient work in its co-development segment, leading to the loss of 50-60 roles.
This situation underscores the challenges many game developers face in the current market, particularly in collaborative projects. As the industry evolves, developers should be aware of the shifting landscape and consider the implications for their own projects and partnerships.
“Coatsink was leading the firm's co-development segment but had not secured enough work.”
- what
- Coatsink is laying off 50-60 staff members.
- who
- Coatsink, a British game studio, and its parent company Thunderful.
- when
- The announcement was made recently, but no specific date is mentioned.
- impact
- This affects game developers by highlighting the instability in co-development opportunities.
The layoffs indicate significant challenges within the industry.
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