Don't Nod opens safeguard proceedings as cash runs short
Don't Nod, the studio behind Life is Strange and Jusant, has entered French safeguard proceedings after its cash position left it unable to secure financing for operations and projects. The procedure suspends creditor claims for 6–18 months while debt is restructured; up to 85 jobs are at risk and Aphelion sold below expectations.
- Safeguard proceedings suspend creditor claims for 6–18 months
- Restructuring plan could cut up to 85 jobs
- Aphelion sales came in below the group's expectations
- Jusant and Banishers sold well below expectations in 2024
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