The company is closing its New York and Montreal offices and laying off roughly 9 percent of its workforce.
The pandemic also reportedly affected Avalanche Studios' upcoming co-op shooter, announced in 2021 for Xbox Series X/S and PC.
Avalanche Studios' open world heist game was announced nearly a couple of years ago, but it might still be a ways off from launch.
Xbox boss Phil Spencer says Microsoft will "announce some things that people haven’t seen" and "give updates" on previously announced titles.
Hogwarts Legacy is soon arriving on PS4 and Xbox One, and there are many reasons as to why the launch could be much bigger than what any one might have anticipated it to be.
The open-world rogue-lite sees players as a Vessel for the Raven, exploring the world of Avalt and gaining power to defeat The Betrayer.
As the Vessel of the Raven, players explore a massive open world to gear up and take on various bosses in order to defeat The Hatred.
The 16-minute alpha gameplay video breaks down the various systems of the rogue-lite. Registration is also available for an upcoming closed beta.
Systemic Reaction of Second Extinction fame is developing the title, which is based off Scandinavian folklore and offers fast-paced combat.
Avalanche Studios' co-founder Christofer Sundberg states that the project got cancelled due to "company politics."
The third-person fantasy rogue-like takes place in a medieval world where the "Vessel of the Raven" must fight back against invading forces.
Avalanche's upcoming open world co-op title could make an appearance at the Xbox and Bethesda Games Showcase on June 12th.
The open world title remains Square Enix's IP and it's currently at work on a new title with no platforms announced yet.
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Avalanche Studios' co-op Xbox Series X/S and PC title may be coming later than expected as per Rand al Thor and Windows Central's Jez Corden.
Thanks to its recent gameplay blowout, we've learned plenty about Hogwarts Legacy- here's everything you should know.
The open world action RPG is currently slated to release in Holiday 2022 for Xbox One, Xbox Series X/S, PS4, PS5, PC and Nintendo Switch.
Along with an ally in Professor Eleazar Fig, players can also team up with other students and receive help from residents outside of Hogwarts.
Hogwarts will be full of little nuances and secrets to discover. Also, fans can explore the Hufflepuff common room for the first time ever.
