Sharkmob London Studio Hit with Layoffs Following Game Cancellation

Sharkmob's London studio is undergoing a restructuring process due to the cancellation of a game that was in development, resulting in an uncertain number of job losses. The studio has initiated a consultation period to determine the extent of the required headcount reduction. Sharkmob has expressed its intention to reduce the impact of this decision on its staff. In a statement, the company acknowledged the challenges facing the gaming industry and the need to adapt and focus on viable business opportunities. The cancelled project had been in development for some time, and its termination will lead to a reduction in the studio's workforce. Sharkmob has assured that its priority is to provide support and guidance to the affected employees during this challenging time. The company has also confirmed that the cancellation of the London project will not affect the development of Exoborne, an open-world extraction shooter being developed at its Malmö studio, with the team remaining committed to the project's development.