Torn Banner Studios announces layoffs amid ongoing industry challenges

What’s happening at Torn Banner Studios?

Torn Banner Studios, the developer behind Chivalry 2, is the latest studio to announce layoffs, reflecting the ongoing wave of industry-wide cutbacks affecting both major and independent game developers. The exact number of jobs cut has not been disclosed. Samfiru Tumarkin LLP has been contacted by employees affected by the layoffs, and their severance packages are under review.

The announcement

• In a LinkedIn post, CEO Steve Piggott confirmed that the studio has undergone restructuring, resulting in workforce reductions.
• Piggott emphasized the difficulty of the decision, stating, “We are saddened to part ways with some of our incredible team.”
• He attributed the layoffs to Torn Banner’s position as a “fully independent, self-funded developer” grappling with significant challenges.

Impact on current projects

• Chivalry 2: Remains unaffected. It received its final major content update earlier this year. Servers will continue to operate normally.
• No More Room in Hell 2: The studio is maintaining its commitment to the game, with Piggott describing the game as “central to our goals as a studio” and an “incredible zombie experience.”

Employee support and next steps

Non-unionized employees affected by layoffs may be eligible for severance pay, which is determined by several factors, including role, tenure, and age.

Key facts about severance:

• Severance Pay: Can include up to 24 months’ pay in some cases, depending on specific circumstances.
• Components: Severance packages may include salary, bonuses, commissions, and other forms of compensation. Use our free Severance Pay Calculator to estimate what your package may look like.
• Deadlines: Employees have up to two years from their termination date to review and negotiate severance entitlements.
• Need guidance? Contact Samfiru Tumarkin LLP for a severance review and expert advice.

WATCH: Employment lawyer Lior Samfiru explains general severance rights on an episode of the Employment Law Show.

Major layoffs in 2024: Industry-wide impact

The Torn Banner layoffs come amid broader trends in Canada’s video game industry, with notable companies like Inflexion Games, Microsoft Gaming, Sumo Group, Tilting Point, Relic Entertainment, Ubisoft, Phoenix Labs, Gameloft, and Take-Two also announcing workforce reductions as companies adjust to shifting economic challenges.

LEARN MORE
• Severance pay for provincially regulated employees
• Rights to severance during mass layoffs
• Severance entitlements in a recession

Talk to an employment lawyer

If you are facing job loss, contact Samfiru Tumarkin LLP to explore your options. Our experienced team can provide guidance on termination issues, severance packages, and workplace rights.