A source has told Kotaku Australia that 2K Australia, the company's studio in Canberra, is closing and all staff are out of work.
The studio worked on the BioShock and X-COM series before most recently creating Borderlands: The Pre-Sequel. It opened in 2000 as Irrational Canberra before later changing its name to 2K Australia following the BioShock developer's acquisition.
"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," a 2K spokesperson told Develop Pacific.
"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."
We'll follow up on this story as it develops.
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