Iron Galaxy, the Chicago-based game company best known for helping other studios port their games to new platforms, is laying off dozens of employees, it announced on Friday. The downsizing comes after it shipped the Tony Hawk\u2019s Pro Skater 3 + 4 remaster collection to positive reviews.<\/p>\n
The layoffs could affect up 90 employees, one source told\u00a0Kotaku. The company didn\u2019t immediately respond to a request for comment. \u201cEver since 2020, when everything about making video games started to change, people have been waiting for business \u2018to get back to normal,\u201d the company posted on LinkedIn. \u201cThese are the conversations we\u2019ve had with colleagues and partners on our travels to the places where game creators gather. This year, we\u2019re adopting a new posture to accept these current market conditions as permanent.\u201d<\/p>\n
It continued, \u201cPlayers consume games in new ways. Publishers have different criteria for investing in the development of games. This new normal has impacted all our partners. As Iron Galaxy adapts, we must make painful decisions about what we can be as a company. It\u2019s impossible for us to sustain the team size that we\u2019ve carried this past year, even after our downsizing from last year.\u201d<\/p>\n
Established back in 2008 as a work-for-hire studio, Iron Galaxy has supported companies on some of the biggest franchises in gaming, including Killer Instinct, the Batman: Arkham games, and Borderlands. In 2022 in partnership with Epic Games, the studio shipped its original IP Rumbleverse, a live-service wrestling multiplayer game that ended up going offline within its first year. PlayStation veteran Adam Boyes departed as co-CEO in 2024.<\/p>\n
Despite the high-profile flop, the studio managed to stave off layoffs by continuing its co-development support work, including contributing to the PC version of The Last of Us Part 2 Remastered, until layoffs became inescapable in early 2025. \u201cToday, Iron Galaxy is parting ways with some of our developers and support staff. In total, we have reduced our employee base by 66 people,\u201d the studio wrote at the time<\/a>. \u201cThis was a means of last resort for us. It\u2019s a measure we do not take lightly to enable our long-term survival.\u201d<\/p>\n Unfortunately, that last resort was not enough as console gaming has stagnated, hits have become harder to come by, and outside investment becomes increasingly scarce. \u201cWe are terribly sorry to lose them as we take steps to adapt to the climate of the video game industry,\u201d Iron Galaxy wrote today. \u201cIt\u2019s time for us to evolve again.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Iron Galaxy, the Chicago-based game company best known for helping other studios port their games to new platforms,…\n","protected":false},"author":2,"featured_media":590326,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[257780,74,257781],"class_list":{"0":"post-590325","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-technology","8":"tag-iron-galaxy","9":"tag-technology","10":"tag-tony-hawks-pro-skater-3-4"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/590325","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=590325"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/590325\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/590326"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=590325"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=590325"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=590325"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}