Digital Bros, the company behind 505 games - which has published the likes of Control and Assetto Corsa - has announced that it expects to cut 30% of its global workforce.
The anticipated layoffs have been announced as part of an “organizational review” Digital Bros is conducting “across its development studios and publishing units”. That list would include the number of prominent studios under the 505 Games umbrella, such as Kunos Simulazioni, creators of racing sim Assetto Corsa Competizione, and Terraria mobile developer DR Studios.
“The video game market has evolved since the pandemic to be more selective in terms of new games, with consumers increasingly reverting to well established Intellectual Properties and playing these same games for longer periods,” Digital Bros wrote in a press release about the announced review.