Sega Studios Australia, the team behind 2009's Stormrise and London 2012 Olympics, will close "later this year," Sega tells Kotaku.

Sega Studios Australia was originally part of The Creative Assembly Australia, responsible for Medieval 2: Total War, but was renamed to work on the Olympics game. In 2012, Sega laid off 37 of 80 total employees at Studios Australia to better transition work on a "multi-product deal focussing across the digital marketplace." Nothing materialized publicly from this deal.

This is the latest in a smattering of studio restructuring, including Disney shutting down LucasArts, Square Enix layoffs in Los Angeles, and Activision's High Moon Studios clearing out the Deadpool team.

Source: Kotaku

Report: Sega Studios Australia to close later this year