A statement from Avalanche Studios Group:

"Since its inception over two decades ago, Avalance Studios Group has grown to encompass five locations worldwide: Stockholm, New York, Malmö, Liverpool, and Montreal.

Today, we regretfully announce the closure of two of those locations: New York and Montreal. This means we'll be parting ways with around 50 valued friends and colleagues, which represents roughly 9 percent of Avalanchers worldwide.

This is an exceptionally difficult decision, but we believe it's necessary to ensure a stable and sustainable future for the company," Avalanche's statement regarding the closure of the Montreal and New York studios added.

Our focus is now on supporting all Avalanchers through this challenging time. We're grateful for the invaluable contributions of those leaving and remain committed to creating incredible gaming experiences for our players.

Avalanche Studios Group"