2K Australia closing down

Studio closed "in order to better manage ongoing development costs."

Borderlands: The Pre-Sequel developer 2K Australia is closing down, 2K Games has confirmed.

“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,” 2K told Kotaku Australia in a statement. “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.”

Sources “close to the situation” reportedly told Kotaku that a move to Melbourne was being planned for the studio, which forced out many of its high level members, which may have resulted in 2K’s decision to close the studio.