Sega Sammy CEO Haruki Satomi says the company has "decided to focus again on the strengths of each studio."
The project also reportedly suffered from lack of direction, an engine change, and "not committing" to anything adventurous.
The studio says it will try and minimize job losses and "work to re-allocate" affected employees to other available positions.
Sega Sammy also announced the cancellation of unannounced titles and the reduction of fixed expenses for Creative Assembly.
Upcoming extraction shooter HYENAS has also gotten a new gameplay trailer ahead of its PC closed beta release later this month.
Cyberpunk based games seem to be all the rage right now, and these 15 upcoming games are certainly the cream of the crop.
Hero-Ki, the newest character confirmed for Sega's hero shooter, can transform himself to make him look like his enemies.
Over 50 games will appear, including Sega's HYENAS and The Expanse: A Telltale Series, with Cody Christian and Briana White as hosts.
Creative Assembly is kicking off another closed alpha test for its upcoming multiplayer game HYENAS, this time having taken feedback from the previous alpha into account.
Developer Creative Assembly has revealed that it is working on a new action game aside from the recently-announced HYENAS.
Soul Hackers 2, Two Point Campus, Total War: Warhammer 3, Persona 4 Arena Ultimax, and more are also playable for attendees on August 24-28.
The first alpha session of the multiplayer shooter runs until July 18, and will only be available for PC players in select regions.
HYENAS, the newest game from Creative Assembly, is a competitive first-person shooter that focuses on zero-g combat, and heists in space.
