The Embracer Group has gone by a massively turbulent interval during the last couple of years, not solely seeing gross sales and closures of studios, but additionally an eye-watering variety of layoffs and job cuts. Now, one other studio underneath the corporate’s possession has been hit with a spherical of layoffs- and never even for the primary time this yr.
Misplaced Boys Interactive, a assist studio that has labored on titles akin to Tiny Tina’s Wonderlands and Diablo 4, not too long ago took to LinkedIn to announce a discount in workers. Particular particulars on what number of jobs are being minimize as a part of this recent spherical of layoffs weren’t shared, and attributes the necessity for the job cuts to “shifting market circumstances inside the online game trade” have “required us to reassess our operations to align with the evolving wants of our enterprise and our companions”.
“At this time is a difficult day for Misplaced Boys Interactive as we face the tough determination to scale back our workforce,” mentioned Shaun Nivens, CEO of Misplaced Boys Interactive. “We acknowledge the impression of this determination on our group members, who’ve contributed enormously to our success. Choices involving workers reductions are by no means made calmly, and this motion was taken solely after contemplating all different choices. We’re dedicated to supporting them in each approach we are able to throughout this transition.”
Misplaced Boys Interactive has additionally mentioned in its assertion that its ongoing work on present co-development challenge stays unimpacted, and that the studio will “proceed to hunt extra growth alternatives transferring ahead.”
Misplaced Boys Interactive was hit with one other spherical of job cuts earlier within the yr, in January. Prior to those two rounds of layoffs, the studio’s headcount numbered at 400, whereas at present it employs over 200 individuals.
