…studio 34BigThings has regained its independence from layoff tycoon Embracer Group. Studio co-founder Valerio Di Donato has reacquired 100 percent of the company's shares from the Swedish conglomerate, which acquired…
…Game Developer has contacted Night Street Games for more information on the layoffs. Read more about: Layoffs & Studio Closures Top Stories About the Author Diego Argüello Contributing Editor, News, GameDeveloper.com Diego…
…centers ( thanks, Reuters ) at the hands of companies like Microsoft. This is the fifth major round of layoffs announced by Microsoft since the company acquired Activision Blizzard in 2023 for almost $70…
…Vertigo Games joined Embracer in 2020 under the company's Plaion subsidiary. Since then, Embracer has become the standard bearer for industry layoffs after spending years shuttering and divesting studios. cancelling projects…
…The company is a subsidiary of Texas Pacific Group, a global management asset firm with over $306 billion in assets worldwide. Xbox announces business 'reset' amid reports of layoffs and studio closures…
…vehicle PIF ), Wingefors kicked off what remains one of the most harrowing layoff initiatives in recent memory. The company commenced a seemingly never-ending round of sweeping job cuts, studio closures, project…
…A few months later, the South China Morning Post reported the company had also made layoffs at its Jiangnan Studio in Hangzhou . Game Developer has reached out to Nuverse for more information…
…into two publicly listed companies by spinning off Fellowship Entertainment on Nasdaq Stockholm in 2027. The move means Embracer Group— which has become something of a layoff specialist in recent years —will…
…By the time Ninja Theory revealed the third title in the Hellblade franchise, Senua , its parent company was reportedly set on splitting with the team. The thinking, based on what the source…
…The Dark Ages developer id Software has reportedly been gutted during the latest round of mass layoffs at Xbox. Multiple anonymous sources have told Game Developer that around 50 percent of employees…
