Tequila Works files for bankruptcy
, by Thibaut
After announcing layoffs and the cancellation of one of its future games last month, Tequila Works is sinking deeper into crisis.
The Spanish studio filed for bankruptcy this week. The Madrid-based firm's founders have resigned, and Térence Mosca has been appointed managing director.
Mosca declared that "since its creation in 2009, Tequila Works' philosophy in game development has always been to create things with enthusiasm ”. He added that "we are doing everything in our power to support and advise our teams during this difficult period ”.