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Thursday, 8 October 2026
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Gravity Well lays off over 40 developers following lost funding

Independent studio Gravity Well has laid off most of its staff after losing its funding this summer.

FTMQ Gaming, written by our newsroom0 views

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Picture: GamesIndustry.biz

Independent game development studio Gravity Well has laid off the majority of its staff, consisting of over 40 developers, after losing its funding. GamesIndustry.biz and WN Hub both reported that the studio was forced to make the cuts after failing to secure immediate financial backing. [1][2]

According to GamesIndustry.biz, leadership at the studio stated in a post on LinkedIn that Gravity Well lost its funding during the summer of 2026. Studio leaders Drew McCoy, Jon Shiring, and Mon Saetern confirmed that they are still actively searching for a new partner to support the company. [1]

GamesIndustry.biz reported that studio management informed employees about the financial situation as it developed. Staff members were aware that layoffs were possible if new funding could not be secured in time. [1]

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In short

  • Gravity Well laid off over 40 developers after losing its funding.
  • The studio lost its financial backing during the summer of 2026.
  • Founders Drew McCoy, Jon Shiring, and Mon Saetern are searching for a new partner.

Sources

Every paragraph above points to the numbered items it rests on. Read the originals here.

  1. [1]Gravity Well lays off more than 40 developers after losing its fundingGamesIndustry.biz, 5h ago (the report this story comes from)
  2. [2]Gravity Well has announced the layoff of over 40 developers following the loss of its fundingWN Hub, 5h ago

Background

  1. [3]Sphere of influence (astrodynamics) on Wikipedia

Our newsroom writes these reports with the help of software, from the 3 sources listed and nothing else, and checks them against those sources. Facts can still be wrong or move on; the originals are the record. Spotted a mistake? Write to daniel@monsterkong.com.

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Earlier reports of ours on the same people and subjects.

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