Canadian video game developer Phoenix Labs, creator of Dauntless and Fae Farm, announced Monday that it’s laying off a majority of

Phoenix Labs, the maker of Dauntless and Fae Farm, has laid off a majority of its staff two years after it was quietly acquired by blockchain gaming firm Forte.

Phoenix Labs announced that it was laying off most of its staff. This is the fourth round of layoffs since it was acquired by Forte Labs in 2023. The Canadian game studio said it would give updates about its projects within a few weeks.

Phoenix Labs, developer of Dauntless and Fae Farm, has laid off "the majority of the studio" according to announcements made earlier today on Reddit and LinkedIn, as part of what the studio called "unfortunate but necessary changes to our operations.

Developer Phoenix Labs has announced significant layoffs that will see the majority of its staff being cut. “Today is another difficult day at Phoenix Labs. We have made the tough decision to part ways with the majority of the studio as part of unfortunate but necessary changes to our operations,

Dauntless and Fae Farm developer Phoenix Labs has announced another round of layoffs - its fourth since May 2023 - this time affecting the "majority" of staff at the studio. Phoenix Labs enjoyed early success with its first game,