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Reflector cuts staff as Unknown 9 fails commercially, pivots to single-project focus

Summary
Unknown 9: Awakening performance fell far short of expectations
Studio cancels unannounced follow-up project in conceptualization phase
Layoffs affect both development teams and back-office staff
"This decision correlates directly with the failure of the studio's ambitious and courageous first project" - Herve Hoerdt, CEO
01

Workforce reduction details

Number of impacted employees not disclosed
Back-office staff cuts to align with single-project approach
Severance packages and extended healthcare provided
Counselling and career planning support offered
02

Project cancellation rationale

Unannounced follow-up project was in conceptualization phase
"Would not have been sustainable for the future of the studio" - Herve Hoerdt, CEO
Performance didn't warrant further exploration despite timeline adjustments and investments
03

Strategic pivot underway

Studio adopting single-project approach going forward
Some affected staff may be reassigned to new unannounced project
New project based on existing Bandai Namco IP
"Which is shaping up very well" - Herve Hoerdt, CEO
04

Future operational focus

Moving away from new IP development risk
Leveraging established Bandai Namco properties
Streamlined organizational structure for sustainability
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