Multiple employees have reported being let go in what appears to be the latest cuts by the struggling Embracer Group.
Lost Boys Interactive has reportedly become the latest Embracer-owned studio to undergo layoffs, as former producer Jared Pace said on LinkedIn (via Game Developer) that „a sizable portion“ of its workforce has been let go.
The Lost Boys Interactive website describes the studio as „a wholly owned yet independent subsidiary of Gearbox Software,“ and „a proud member of the Embracer Group.“ Its past credits include Square Enix’s The Quiet Man, and less unfortunately, Tiny Tina’s Wonderlands and Diablo 4. It became a Gearbox studio less than two years ago, in June 2022.
„It seems a sizable portion of Lost Boys Interactive was laid off today, including myself,“ Pace wrote. „Still trying to understand the scope of it all, but sadly—this is a song and dance we’re all familiar with.
