Virtuos, Known for 'Oblivion Remastered,' Faces Layoffs Amid Industry Turbulence
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Virtuos, the Singapore-based game development studio celebrated for its work on high-profile remasters like *The Elder Scrolls IV: Oblivion*, has reportedly begun laying off employees. While the exact number of affected staff remains unclear, sources indicate that the cuts span multiple departments, including art and production. The studio, which has collaborated with major publishers such as Nintendo, Sony, and Microsoft, has yet to release an official statement addressing the layoffs. The news arrives amid a wave of job cuts across the gaming industry, with companies like Electronic Arts, Unity, and Riot Games also reducing headcount in recent months. Analysts point to post-pandemic market corrections, rising development costs, and economic uncertainty as key factors driving the trend. Virtuos, which expanded rapidly during the pandemic, may now be adjusting to slower growth in the AAA remaster and outsourcing sectors. Despite the layoffs, Virtuos continues to work on several unannounced projects, including rumored remasters of classic titles. The studio’s reputation for technical excellence suggests it will remain a key player in game preservation and modernization—though the human cost of industry volatility remains a pressing concern.
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