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Through Eurogamerwe heard the sad news. Tequila worksthe developer behind titles like Deadlight, The Sexy Brutale and Rime, has gone bankrupt and declared bankruptcy. This news did not surprise everyone, since the studio had announced layoffs last October as part of an internal restructuring.
At the time, it was thought that the restructuring This was due to the cancellation of a project the studio was working on. However, it appears that the situation is more serious than previously thought. The funding that Tequila Works had been receiving from Chinese company Tencent since 2022 had been canceled, leaving the studio in an unstable financial situation.
Closure of tequila works
The studio’s board of directors, made up of its founders Raúl Rubio and Luz Sancho, has left office. In his place, Térence Mosca, who held the position of Deputy General Manager, assumed the functions of general manager of the company. Although the situation is uncertain, the company hopes that workers will continue to assume their responsibilities in the coming weeks.
Some company employees expressed surprise at the news. Even though they were not fired, the uncertainty over the future of the studio and the possibility of not receiving their corresponding salaries is a concern. Although the studio had seen success in the past with titles such as Deadlight and The Sexy Brutale, Tencent’s cancellation of funding and internal restructuring were not enough to save the studio.
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