As a long-time fan of Axis Studios and someone who has followed their impressive work in the gaming industry for years, I am deeply saddened by the news of their administration and the loss of jobs for 162 dedicated employees. Axis Studios has been a significant contributor to the world of animation and visual effects, with their exceptional work on trailers and cinematics for iconic games like Dead Island, Destiny, Halo, League of Legends, and many more.
I’ve come across some troubling news as a big fan of Axis Studios’ amazing animation and VFX work. Based on several reliable sources, the studio itself has confirmed that they are entering administration, which unfortunately impacts 162 dedicated team members.
As a passionate gamer and an insider in the industry, I can tell you that Axis Studios has been a key player in delivering top-notch animation and visual effects for various projects, including games, movies, and TV shows. With a sizable team on board, they’ve created numerous opportunities for employment in Scotland.
Gaming enthusiasts are well-acquainted with Axis Studios for creating memorable trailers and cinematics across different IPs. Their portfolio features projects like Dead Island, Destiny, Halo, League of Legends, among others. Notably, they have recently produced stunning visuals for the Destiny 2: Lightfall expansion.
In 2019, the visually stunning trailer produced by Axis Studies for Dead Island 2 generated significant excitement among fans, stirring up plenty of anticipation.
According to a recent BBC report, Interpath Advisory announced that 162 employees were terminated on the spot, while four individuals will remain to assist in the process of closing down the company.
According to reports from Alistair McAloden of Interpath Advisory, Axis has been negatively affected in more recent times due to a decrease in client projects. Additionally, they mentioned that rising labor expenses have brought about significant financial difficulties for the company in terms of cash flow.
Alongside joint administrator Geoff Jacobs, they expressed intentions to help and assist employees. Additionally, they extended invitations for those involved in the studio’s ongoing live projects to get in touch.
Currently, the Axis Studios website is not functional as the company enters administration. This studio was established back in the year 2000.
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2024-07-16 18:49