Velan Studios, a New York-based indie game studio, has announced the possibility of layoffs due to a cancelled project. The company plans to reorganise its staff and seek new partnerships to minimize the impact.
Velan Studios announced the likelihood of layoffs in a statement from the company's founders, Guha and Karthik Bala, who said that 46 people out of the team's current total of 121 had been given notice their positions may be impacted. Mario Kart Live: Home Circuit was a physical toy version of Nintendo's series, where you could create real-life racetracks around your living room.
The company will now reorganise its staff to refocus around several current, unannounced projects set to launch later in 2024, while hunting for new partnerships to minimise the impact of layoffs. "This is a rough environment for a lot of indie studios, and like them, we are faced with some very hard choices," the statement said. "We hope to rescind as many notifications as possible." Based in New York state, Velan Studios was set up in 2016 by Guha and Karthik Bala, the brothers who previously founded Vicarious Visions and grew that studio as it was acquired by Activision, subsequently found fame for developing Skylanders, before it wa
Velan Studios Layoffs Cancelled Project Reorganisation Partnerships
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