News Ubisoft's London studio, creators of the massively popular "Hungry Shark" series of mobile games, has shut down.

[Krvavi Abadas]

“As part of our ongoing efforts to enhance efficiency, streamline operations, and reduce costs, we are proposing the consolidation of the ongoing management of the Hungry Shark franchise at our Ubisoft Barcelona Mobile studio, which already oversees a portion of it,” Ubisoft said in a statement to VGC.

“In this context and following UK regulations, we are engaging in consultations with our Ubisoft London (formerly Future Games of London) team regarding the proposed closure of the studio, which would impact 54 positions.

“We are sincerely grateful to our colleagues in London for all their passionate contributions to making the franchise what it is today, and we are committed to supporting them throughout the process with the utmost consideration.”

source

i mainly find this fascinating because the series was one of the early big mobile IPs. the original game came out in 2010, right when the iOS app store was hitting it's stride.

by July 2011 they had reported an install base of 18 million devices across all their titles. and eventually got acquired by Ubisoft in 2013.
the series is still doing decently well (over 1 billion downloads as of November 2022) but as Ubisoft's press response notes, the original development team over at Ubisoft London (renamed from Future Games of London) has been gradually shifted away from the series, with Ubisoft Barcelona becoming the main studio.
with nothing much else in their pipeline, they've been unfortunately shut down.