505 Games conclude in Spain, Germany and France

505 Games has decided to close its offices in a number of European countries, including Spain.

As reported by Game Reactor and we can confirm from Eurogamer, the Digital Bros.-owned company will be closing its offices in Spain, Germany and France today. The headquarters in Milan (Italy) and offices in the UK will remain on the old continent.

These closures continue a restructuring plan announced last year by Digital Bros., which included laying off 30% of its total workforce. This time the number of victims will not be as large (about ten people), and the focus will be on marketing and communications.

It looks like things aren’t going well for the company: Just yesterday we learned that it sold the rights to Control IP (including publishing rights to its sequel and multiplayer spin-off Codename Condor) back to Remedy Entertainment. , in a deal valued at seventeen million euros.

Looking ahead, 505 Games’ biggest launches are the sequel to Assetto Corsa, developed by Italian studio Kunos Simulazione and scheduled for spring 2024, as well as Project Iron, a project developed by Madrid studio Mercury Steam (though in this case, publication is not expected until next year) .