Ascendant Studios has reportedly been gutted due to low sales of Immortals of Aveum.
"Most staff" at Something Wicked Games have reportedly been laid off.
More details are set to be shared in the coming weeks.
Significant change is underway at Mighty Kingdom.
Just a few years after expanding its international operations, change is underway.
The step was initiated to "position the company for future success."
Embracer Group began its company-wide restructure in June 2023, following the collapse of a major USD $2 billion deal.
Staff at Humble Games were reportedly told the company would be shutting down.
The report has also revealed fears around AI, and a move towards self-publishing for games.
Social media has been flooded with reports of redundancies at Respawn Entertainment.
