• Business Production News Update: Hasbro shutters internal video game studio Atomic Arcade The North Carolina studio had been developing a title based on the G.I. • February 17, 2026 Update:A Hasbro spokesperson has confirmed the closure of Atomic Arcade in an email sent to Game Developer, but noted the studio’s unnamed Snake Eyes project has not been cancelled. • Original story:Atomic Arcade, the video game studio established by Hasbro and subsidiary Wizards of the Coast, has seemingly been shuttered. • LinkedIn posts from a number of employees who appear to have been laid off as a result of the decision indicate the studio has closed its doors. • “I’m currently exploring new opportunities following the recent closure of Atomic Arcade,“reads one post. • “Unfortunately Hasbro has made the call to close Atomic Arcade.
Article Summaries:
- Hasbro has shut down its North Carolina‑based internal game studio, Atomic Arcade, after a decision confirmed by a company spokesperson. The studio, founded in 2021 and part of Wizards of the Coast, had been working on a high‑quality G.I. Joe title centered on Snake Eyes. While the closure will lay off staff-LinkedIn posts from former employees show the move-Hasbro clarified that the Snake Eyes project remains active and has not been cancelled. Former studio head Derek Racca has transitioned to a production director role at Wizards of the Coast. The exact number of layoffs is unclear, with the studio’s LinkedIn listing 51‑200 employees.
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