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Iron Galaxy Studios, the Illinois-based independent developer, has announced a round of layoffs that could affect as many as 90 people. It’s the second round of layoffs in as many years, with Iron Galaxy cutting 66 staff in 2025.
The studio announced the news on LinkedIn, writing, “Iron Galaxy Studios regrets to announce that we are reducing our company size.”
“We are terribly sorry to lose them as we take steps to adapt to the climate of the video game industry. It’s time for us to evolve again,” the studio said.
Iron Galaxy’s statement went on to say it is forming a “new company structure” as a result of the gaming industry overall seeing slowed growth coming out the pandemic.
“Ever since 2020, when everything about making video games started to change, people have been waiting for business ‘to get back to normal,'” the statement continued, “These are the conversations we’ve had with colleagues and partners on our travels to the places where game creators gather.”
Iron Galaxy said it is changing its structure to “accept these current market conditions as permanent.” The statement went on to say people are playing games today in “new ways” and publishers–who pay Iron Galaxy for contract work–today have
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