Ah, the brutal realities of AAA game development: Borderlands: The Pre-Sequel was a generally well received entry in Gearbox's lootin', shootin' series – but the developer no longer exists. Kotaku broke the news courtesy of an anonymous source, but publisher 2K Games has since confirmed the closure.
"We can confirm that we have taken steps to begin the studio closure process for 2K Australia in order to better manage ongoing development costs while improving the working proximity of our creative teams," a statement said. "We are very grateful for the team's valuable contributions to numerous 2K projects, and are working with affected staff to explore reassignment opportunities where possible."
We can obviously understand why it would want its creative teams close together, but this blows for the staff affected – especially seeing as they made a great game. The developer's contributed to various big projects over the years, such as all three BioShock titles. The very best of luck to all of those let go.