Lost Boys Interactive Hit By Layoffs Again, 8 Months After The First
Lost Boys Interactive has made the very difficult decision to reduce our overall headcount in accordance with local laws and consultation processes.
Lost Boys Interactive has made the very difficult decision to reduce our overall headcount in accordance with local laws and consultation processes.
Hours after the announcement that Embracer has divested Gearbox Entertainment, layoff posts started flooding social media.
Gearbox Entertainment, the developer of Borderlands, was one of the companies Embracer marked for sale as part of its restructuring program
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.
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.