Iron Galaxy Studios Announces Layoffs in Restructuring

Iron Galaxy Studios, the Chicago-based video game developer known for ports of major titles and its recent remake of Tony Hawk's Pro Skater 3 and 4, announced on April 17 that it is reducing its company size through layoffs. The move affects an undisclosed number of employees as the studio restructures to address ongoing challenges in the industry.

In a LinkedIn post, the studio expressed regret over the decision, stating, "A number of teammates and friends are losing their jobs as we adjust to a new company structure. We are terribly sorry to lose them as we take steps to adapt to the climate of the video game industry. It's time for us to evolve again." The announcement highlighted shifts in player consumption habits and publisher investment priorities that have become permanent since 2020, when the COVID-19 pandemic began reshaping game development. "Players consume games in new ways. Publishers have different criteria for investing in the development of games. This new normal has impacted all our partners," the post read. Iron Galaxy noted that sustaining its current team size is impossible, even after downsizing last year.

This marks the second round of significant layoffs...