Ruiner developer Reikon Games has reportedly laid off 60 to 70 people, or roughly 80% of its workforce, according to Kotaku.

Kotaku’s report is backed up by a handful of social media reports from former Reikon developers saying they had lost their jobs this week. IGN has reached out to Reikon Games for comment.

Reikon Games was previously responsible for the isometric shooter Ruiner, which received generally positive reviews upon its 2017 launch. In 2021, the studio began teasing its next project dubbed Codename: Final Form, which was planned to be published under Plaion (owned by Embracer Group)’s Prime Matter label.

Reikon’s layoffs come on the same day as a mass layoff of 1900 from Microsoft’s games division, which itself is happening in the midst of an ongoing maelstrom of industry layoffs. An estimated 10,000 developers were impacted last year, and already in the first month of 2024 Kotaku’s ongoing tracker estimates nearly 6000 developers have been let go. In recent interviews, some industry leaders suggested that the situation will remain dire for months to come.

Rebekah Valentine is a senior reporter for IGN. Got a story tip? Send it to rvalentine@ign.com.