2K Australia has closed with all positions at the studio lost. The company cited the high costs of development in Australia as the primary reason behind the closure.
2K Australia was the last remaining AAA studio in the country as was most recently linked with Gearbox’s Borderlands: the Pre-Sequel.
Originally formed as Irrational Canberra in 2000, the company split from Irrational and was briefly affiliated with 2K Marin, but was operated independently since 2011.
A statement provided to Kotaku Australia reads
We can confirm we have taken steps to begin the studio closure process for 2K Australia in order to better manage ongoing development costs while improving the working proximity of our creative teams. We are very grateful for the team’s valuable contributions to numerous 2K projects, and are working with affected staff to explore reassignment opportunities where possible.
A number of developers in the country including Halfbrick and a Sydney branch of Wargaming posted jobs online aimed to help get those affected back into the industry.
We wish everyone affected all the best in their future endeavors.