2K Australia is shutting down, reports Kotaku Australia, saying a source tells them the studio behind Borderlands: The Pre-Sequel is closing entirely, and that all jobs there will be lost. They have an official confirmation of the closure, though 2K says it is exploring relocating some of the staff effected by this:

We can confirm 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. 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.