While Krafton wanted to "inherit the entire development team" (as per a statement from Krafton PR, shared by Stephen Totilo in both his GameFile newsletter and on Twitter) the publisher hasn't managed to get the full breadth of talent it made the "acqui-hire" for. Here's the full statement:

www.pcgamer.com
"KRAFTON plans to transfer approximately 50 development staff from Tango Gameworks to KRAFTON's Japan subsidiary. These transferred staff will continue to work on new projects, including the expansion of the HI-FI RUSH IP, at KRAFTON."


About half—50 in total—of Hi-Fi Rush developer Tango Gameworks' staff will be taken on by new publisher Krafton
It's likely the other half have found new employment.