Relic Entertainment affected by layoffs following Sega sale

by Danny Craig · 4/5/24, 11:16 AM
Relic Entertainment affected by layoffs following Sega sale
Relic Entertainment

Relic Entertainment, the studio behind Company of Heroes, has announced layoffs just a week following its departure from Sega.

The details:

  • The developer announced the cuts in a post to LinkedIn, with external development producer Robyn Smale confirming 41 employees were affected in a separate post. “Letting people go was not an easy decision, and was made solely with the goal of providing Relic the best possible chance to survive in an increasingly volatile industry,” Relic wrote. “It does not in any way reflect the expertise, passion, or character of any of the impacted employees. “

  • Relic also stated that it would provide assistance to affected employees, including "severance packages, extended benefits, and outplacement support options."

  • Sega announced last week that the studio had been sold to a holding company formed by UK-based investor Emona Capital LLP, along with a restructuring of its European subsidiaries. Under Sega, Relic was hit with major layoffs in May 2023, affecting 121 employees.

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