United Kingdom, Feb. 18 -- Liquid Swords has suffered a round of layoffs.

The studio - which was founded in 2020 by 'Just Cause' creator Christofer Sundberg - announced it would be letting go of an unspecified number of staff to "reduce its workforce as part of an effort to scale back operations and adapt to current business conditions".

In an update to the Swedish studio's website, Sundberg wrote: "I promised our employees and shareholders success and to build a studio redefining game development with a small, expert-driven team and a sustainable work model.

"While we achieved much of this, shifting market conditions prevented us from succeeding within our timeframe. As a result, we must part ways with talented individuals who have be...