Tiny Tina’s Wonderlands developer faces layoffs in latest Embracer cuts

We’re only a few weeks away from 2024, though layoffs plaguing the gaming industry they returned last year. An undisclosed number of employees at Lost Boys Interactive have been laid off, seemingly across “all disciplines at all levels,” producer Jared Pace has been fired. he said Next. Lost Boys Interactive is responsible for games like Tiny Tina’s Wonderlands Launches on PlayStation Plus.

The news was first reported by both the dismissed and remaining employees. Lost Boys Interactive has finally released a statement Eurogamer confirmed the news, blaming “headwinds facing the industry right now.” He continued: “Unfortunately, this means we will be parting ways with some of our team members and we are working closely with those affected. We know this is a difficult time for a talented and experienced group of people and we will be providing support and assistance through this. this passage.”

These cuts are the latest kit from its parent company, Embracer (Gearbox is technically owned by Lost Boys Interactive, but is itself owned by Embracer). In September, Embracer laid off about 900 employees, or about five percent of its workforce. Only two months later It laid off about 50 more employees at Fishlabsdevelopers Choir. The company has also closed some of its studios and is rumored to be selling Gearbox. Bought in 2021 for $1.4 billion. Embracer blames major restructuring and layoffs potential contract termination that would generate $2 billion over six years.

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