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Canceled TimeSplitters Next Footage And Alleged TimeSplitters 4 Prototype Gameplay Surfaces Online
The former head of arts at the now-defunct studio, posted a 5-minute gameplay of the canceled TimeSplitters Next game on his LinkedIn account.
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Embracer Put Saber Interactive Up For Sale For $500 Million, Close To Gearbox Sale
Embracer Group’s restructuring is far from over and continues to cause a major shakeup in the gaming industry.
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Embracer Has Now Cut 1,387 Roles With Q3 Results Lower Than Expected
Embracer Group has presented its third-quarter earnings report. Key among other revelations of the report is that the Swedish conglomerate has cut a further 483 roles
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Embracer Strikes Again At Eidos Montreal, 97 People Laid Off, Unannounced Deus Ex Game Canceled
Embracer’s restructuring hammer has fallen on Eidos Montreal. At least 97 people were impacted by the layoff. Also, an unannounced Deus Ex title was canceled.
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Embracer-Owned Lost Boys Interactive Hit By “Massive” Layoff, 170 Reportedly Affected
Lost Boys Interactive is the latest Embracer-owned studio to be hit by layoffs. The move is a continuation of Embracer Group’s restructuring which was announced in June 2023.
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Free Radical Design Confirms Closure, Adding To Over 9,000 Job Loses In The Industry
For a while, it has been rumored that Free Radical Design was on the verge of closure. It was reported that Embracer was looking for a buyer. It appears every effort to prevent the closure failed as the studio has now been shut down.
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Embracer Group Confirms Layoff Of 900 Employees In Q2 In Earnings Presentation
For the first time, gamers have learned about the scale of the impact of Embracer Group’s restructuring drive. Lars Wingefors, the company’s co-founder and CEO disclosed this in his opening remark at the company’s second-quarter earnings presentation on Thursday, November 16, 2023.