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Headline: UNCAPTIONED: Phoenix Labs Shuts Down Dauntless Amid Mass Layoffs

Caption: Phoenix Labs Shuts Down Dauntless Amid Mass Layoffs. Eurogamer reports that Phoenix Labs is shutting down its free-to-play action game Dauntless just weeks after laying off most of its staff. The title will officially go offline on May 29, 2025, with no further updates or content. The closure follows multiple rounds of layoffs at the studio, which was acquired by crypto company Forte in 2023. Last year, Phoenix Labs cut 140 jobs and canceled all projects except Dauntless and Fae Farm but another wave of layoffs last month sealed the game’s fate. While Dauntless is now confirmed to be shutting down, the studio has yet to reveal its plans for Fae Farm. Instructions: THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT

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