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A number of studios have been caught within the aftermath of Embracer Group’s botched $2 million deal, together with Crystal Dynamics, Beamdog, Gearbox Publishing, Zen Studios, and extra just lately, Digic Animation.
The aforementioned studios have all been hit with layoffs of various levels previously two weeks as a part of the corporate’s restructuring and cost-cutting efforts. In keeping with GamesIndustry.biz, 10 workers have been laid off at Crystal Dynamics, 26 at Beamdog, 32 at Zen Studios, 35 at Digic Animation, and an unknown quantity from numerous studios underneath the Gearbox Publishing arm.
Cabal Campfire was additionally shut down in August, barely a yr after it was based, and Volition Video games later that month. Embracer had beforehand introduced its intent to shut or unload a number of of the 130 studios underneath its umbrella and pause or cancel growth on 200 or so upcoming video games after its failed partnership deal with Saudi Arabian-studio Savvy Video games and the following drop it its share costs.
As for the corporate’s workers, Embracer CEO Lars Wingefors mentioned that the corporate employs roughly 17,000 individuals and that it will likely be decrease by the yr’s finish, to what extent nonetheless stays to be seen.
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