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Moss Maker Polyarc Announces Company-Wide Layoffs After Canceled Project

The move underscores tighter financing for VR studios after costly projects fall through.

Overview

  • Polyarc said on LinkedIn it is cutting staff across the studio after it failed to secure funding following the cancellation of a major project.
  • The studio did not say how many roles were affected, and GamesIndustry.biz has asked for clarification.
  • The company thanked departing colleagues and said it plans to share a hiring spreadsheet to help them find new jobs.
  • Coverage places the cuts in a wider VR pullback that included recent Meta Reality Labs reductions and the shutdown of Twisted Pixel, Sanzaru, and Armature.
  • Founded in 2015 by former Bungie developers, Seattle-based Polyarc is best known for Moss and previously raised funding in 2016 and 2020 to expand its VR and AR work.