The studio behind Borderlands: The Pre-Sequel has shut down, with 2K Australia closing its doors and blaming the huge cost of developing games Down Under for its closure.
2K Australia told Kotaku: "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. 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".
All staff working at 2K Australia have lost their jobs, with a source close to Kotaku saying "All hands are gone". Kotaku reports that at one stage, the studio thought of moving to Melbourne, which caused multiple high level members of the team to leave the studio, which might have ended up in the total closure of the studio.