Tencent Shuts Down TiMi Montreal Studio After Five Years Without a Game Release

Tencent Shuts Down TiMi Montreal Studio After Five Years Without a Game Release

The Closure of TiMi Montreal: A Significant Loss in the Gaming Industry

Recent revelations from Game File have unveiled the unfortunate news regarding significant layoffs within the video game sector, specifically tied to the closure of Tencent’s TiMi Montreal studio. This closure has resulted in the entire team’s dissolution, marking a disheartening end to what was once envisioned as a hub for creating “AAA open-world multi-platform games, ”nearly five years after its inception.

Insights from Inside the Studio

A recently removed LinkedIn post from a programmer at the studio confirmed the shutdown, revealing that employees had been anticipating this outcome “for some time.”The programmer expressed sincere disappointment, stating they are “genuinely heartbroken that the public will never get to experience what this team was capable of producing.”

The Silence from Tencent and TiMi Group

As of now, there has been no official statement from either Tencent or TiMi Group regarding the closure. Details surrounding ongoing projects at the Montreal studio remain scarce, apart from their earlier ambition to develop a “AAA open world, service-focused video game for players to explore across multiple platforms.”

Leadership and Background

TiMi Montreal was spearheaded by Ashraf Ismail, the former head of the Assassin’s Creed series. Ismail’s tenure at Ubisoft came to an end due to misconduct allegations, leading to discussions about leadership dynamics in game development.

Wider Industry Impacts

This incident adds to the growing list of layoffs impacting the gaming industry in 2026, with TiMi Montreal becoming the fourth studio to close this year. This trend follows significant shutdowns including Bluepoint Games by PlayStation, Halifax Studio by Ubisoft, and the Atomic Arcade team by Hasbro.

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