Piranha Bytes has revealed on Twitter that it is in a difficult situation amidst reports that it is facing closure due to Embracer Group’s restructuring process.
Embracer Group has laid off ‘a sizable portion’ of staff at Lost Boys Interactive.
Embracer Group has enacted more layoffs, this time at 3D Realms and Slipgate Ironworks, check out the details for yourself here.
The closure of Free Radical has been officially confirmed by Embracer Group in a new statement. Read it here.
Embracer Group’s CEO Lars Wingefors has reportedly confirmed that Free Radical Design will be shuttered before the new year, check out the details here.
Developer Fishlabs is reportedly the latest casualty in Embracer Group’s ongoing restructuring program.
A key executive at Embracer Group has reflected on the major losses at the company, acknowledging them as significant but necessary.
Embracer Group laying off 900 people has resulted in 15 projects being cancelled, the company confirms, check out the details here.
Embracer Group’s CEO has refused to offer an update on the Star Wars Knights of the Old Republic remake.
Embracer Group chief executive officer doesn’t deny that Free Radical Design closing is a possibility as the company will continue to announce layoffs.