Wizards of the Coast cancelling video game projects, laying off staff

Earlier today, Bloomberg's Jason Schreier broke the news that Wizards of the Coast - the company behind the popular Tabletop RPG Dungeons & Dragons, is shuffling their internal teams and canceling a number of contracted video game projects. The company claims that they're still "committed to using digital games", but that they've "made some changes to our long-term portfolio to focus on games which are strategically aligned with developing our existing brands and those which show promise in expanding or engaging our audience in new ways." To that end, less than 15 employees at the company have lost their jobs, albeit with the opportunity to apply for positions within different departments.

External projects contracted out to Otherside Entertainment and Hidden Path entertainment were both shuttered as Wizard of the Coast's parent company, Hasbro, has continued to undergo financial difficulties - with its share price dropping 40% in the last year. It goes without saying, but Larian Studio's Baldur's Gate 3 - which is currently in Early Access - remains in safe hands.