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Concord's director and founder of Firewalk has reportedly stepped down:

https://www.pcgamer.com/games/fps/concord-game-director-reportedly-steps-down-as-firewalk-developers-fear-layoffs-or-a-possible-closure/

Given how many layoffs and closures we've seen in recent years, the studio's future isn't looking good in the wake of such a historic flop.