Phoenix Labs is spinning out Sea's Garena.

Phoenix Labs is laying off majority of employees, 2 years after Forte deal

Phoenix Labs, the maker of Dauntless and Fae Farm, has laid off a majority of its staff two years after it was quietly acquired by blockchain gaming firm Forte.

The layoffs came a month after releasing an unpopular update for Dauntless on Steam, and just before another game was set to go into early access, according to comments from employees laid off on social media.

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Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.