Spiders Studio is closing its doors after 18 years, the latest casualty in parent company Nacon's spiral of insolvency. Founded in 2008 by ex-Monte Cristo developers, the Parisian team behind GreedFall, Steelrising, and The Technomancer couldn't find a buyer despite Nacon's mid-April deadline. Judicial recovery proceedings now shift to liquidation, a formality according to sources, leaving roughly 70 employees facing layoffs within 15 days.

Nacon's woes trace back to late February when it declared cessation of payments, followed by subsidiaries Spiders, Kylotonn, and Cyanide filing for insolvency in March. Efforts to offload Spiders and Nacon Tech yielded no offers, sealing the studio's fate. Staff now update CVs amid stalled pre-production on a new pitch, while the works council organizes equipment buybacks. Tonight's weekly drink becomes a tribute to nearly two decades of quirky RPGs. Nacon declined comment.

The French union STJV has long warned of Nacon's 'disdain for video game production,' accusing executives of draining dozens of millions from studio coffers, blocking modernization, and creating rival studios to erode headcount. Years of feuds at Spiders over rushed timelines like GreedFall 2's Early Access only accelerated the decline. As talent scatters, the pattern is clear: acquisition without strategy equals autopsy.