
Accounts for the nine months to 30 September 2025 showed a £47.5 million operating loss and cash down from £52 million to £19.4 million, driven by MindsEye's troubled launch and poor reviews.
Redundancies began in mid-2025, cutting more than 250 jobs, with further rounds in 2026 leaving roughly 80 staff before September cuts. Insolvency specialists now control the studio and the game's future.