Less than two months after being cut loose by Sega, which resulted in another round of layoffs at the studio, Company of Heroes developer Relic Entertainment says it is "returning to its roots as an independent creative studio" with support from investment firm Emona Capital LLP.
The past year has been rough on Relic. Company of Heroes 3 was met with a mixed reaction when it launched in February 2023, and then in May of that year the studio laid off 121 employees. In March 2024 the studio was sold off by Sega, and a month later a reported 41 more employees were let go in what sounded like a desperation move: Relic said the cuts were made "with the goal of providing Relic the best possible chance to survive in an increasingly volatile industry."
