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embracer group cancelled games 2023
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Embracer Group cancelled 29 games and laid off 1,387 people in late 2023

The cuts were part of a company-wide restructure program initiated in June 2023.

pirahna bytes game
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Gothic studio Piranha Bytes confirms it's in a "difficult situation"

Piranha Bytes is seemingly facing closure as part of Embracer Group's ongoing restructure.

tiny tina's wonderlands lost boys interactive layoffs
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Gearbox studio Lost Boys Interactive impacted by major layoffs

Lost Boys Interactive was founded in 2017, and was later acquired and expanded by Gearbox.

timesplitters game studio closure
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TimeSplitters studio Free Radical reportedly facing closure in December

TimeSplitters studio Free Radical has reportedly been confirmed to be facing imminent closure.

star wars knights of the old republic
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Star Wars: Knights of the Old Republic remake existence in contention

The long-in-development remake may not see the light of day.

embracer group cancelled games 2023
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Embracer Group has laid off 900 staff since June 2023 – and it's not over yet

Embracer Group began its company-wide restructure in June 2023, following the collapse of a major USD $2 billion deal.

timesplitters game studio closure
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TimeSplitters developer Free Radical reportedly facing closure

Free Radical was re-established just two years ago, but may already be in danger.

embracer group cancelled games 2023
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Embracer Group COO departs company after "rough" year

Egil Strunke served as the chief operating officer of Embracer Group for eight years.

tomb raider crystal dynamics layoffs
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Crystal Dynamics faces layoffs as Embracer Group cuts continue

The Tomb Raider studio is reportedly undergoing restructuring as Embracer Group looks to cut costs.

embracer group gearbox volition
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Embracer Group reportedly considering Gearbox sale, as layoffs continue

New reports have flagged Gearbox as the next studio to potentially depart the Embracer Group umbrella.

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