Volition Shuts Down Ending Saints Row and Red Faction

Volition, the studio behind Saints Row and Red Faction, has shut down after 30 years after plans for a restructuring began. Volition is known for developing the GTA like game Saints Row and things had not being going well with the release of the "remake" of Saints Row. What happened and how do I remember them for the original Saints Row 2?

SOURCE
Game Informer Article: https://www.gameinformer.com/2023/08/31/saints-row-developer-volition-games-has-been-shut-down?fbclid=IwAR1wYsHI1MxxuEVCCIY1m5ABpmIYkq-NYYxWJ_oxqtic3NdhOEHJUUSlhjU