Versus Evil shuts down after ten years, lays off staff before Christmas

Despite a $2 million investment in its parent company tinyBuild, Versus Evil has been shut down entirely and its staff laid off.

23rd Dec 2023 09:54

Stoic Studio

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In another indication of the overall health of the games industry (and not a promising one), video game publisher Versus Evil has closed its doors just days before Christmas - laying off its entire staff in the process.

The publisher, which helped launch the likes of Stoic Studio's The Banner Saga, Abrakam's Faeria, and the Switch port of Obsidian's Pillars of Eternity, released a statement on X confirming the news after social posts from members of the team.

Versus Evil is no more

Pillars of Eternity screenshot

"Today is a sad day," the statement reads. "After 10 wonderful years, Versus Evil is shutting its doors.

"We've loved bringing you the best indie games we could find & sharing so many happy memories with you all, our amazing community! From the bottom of our hearts, THANK YOU for everything!"

Versus Evil's former head of production, Lance James, had previously revealed the news saying "Welp. That was a fun 10 year ride. The entire Versus Evil team has just been laid off" in a statement on Twitter/X.

TinyBuild acquired Versus Evil in 2021, and previously reported lower-than-expected revenue and plans to cut costs, including layoffs. The shuttering of Versus Evil is expected to affect thirteen employees (thanks, Polygon).

Counting the cost of industry layoffs in 2023

The closing of Versus Evil just days before Christmas caps off a year that may have shown how unsustainable modern game development is.

We've seen layoffs from Embracer Group, Epic Games, Bungie, Microsoft, and more, as the industry counts the cost of ever more ambitious projects, as well as games media layoffs at VentureBeat, GameSpot, Network N, and more.

Here's hoping for a better 2024.

Lloyd Coombes

About The Author

Lloyd Coombes

Lloyd is GGRecon's Editor-in-Chief, having previously worked at Dexerto and Gfinity, and occasionally appears in The Daily Star newspaper. A big fan of loot-based games including Destiny 2 and Diablo 4, when he's not working you'll find him at the gym or trying to play Magic The Gathering.

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