Ubisoft shutters its Leamington studio and cuts 185 positions across Europe as the publisher continues to restructure amid recent game struggles.

As veteran-led studios like Humanoid Origins close their doors and the pandemic gaming boom fades, the industry faces its biggest restructuring in decades. From Mass Effect veterans to indie startups, here's why even the biggest names in gaming are struggling to keep the lights on.

Canadian game studio Hothead Games, known for titles like Big Win Sports and Kill Shot, has filed for bankruptcy after nearly two decades in the industry. The studio faced challenges securing publishing deals for its latest projects, ultimately leading to its closure.