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[STEAM] Dauntless Studio Phoenix Labs Laying Off Majority Of Its Staff

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Dauntless and Fae Farm developer Phoenix Labs has announced that it will be laying off a majority of its staff, adding to the seemingly unending pattern of cutbacks and restructurings that have been bombarding the video game industry since 2023. The official statement from
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mirrors the dozens of announcements made by other triple-A and indie studios over the past year and a half, leaving many worried that the video game industry is still entrenched in tumultuous times.

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