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Ashes of Creation Studio Reportedly Shuts Down After Founder Resigns

Staff report WARN notices following a board dispute that triggered an effective shutdown.

Overview

  • Founder Steven Sharif said he resigned in protest over board-directed actions he could not ethically carry out, after which much of the senior leadership quit.
  • Employees and former leaders, including communications director Margaret Krohn, posted that they were laid off and described a studio-wide closure.
  • Public California filings list only Sharif and CFO John Moore as directors, raising questions about the board control Sharif cited.
  • Reports detail an approximately $850,000 cloud-services lawsuit and employee claims that payroll could not be processed.
  • Ashes of Creation launched in Steam Early Access on December 11 with mixed reviews and an estimated 220,000–320,000 sales, and players are now seeking refunds as the game's future remains uncertain.