Lots Boys Interactive, a game development studio with over 400 team members, got hit with what was called "massive" layoffs today as part of the continuing restructuring of the Embracer Group.
Embracer Group were expecting a massive investment to fund all their recent aquisitions (2 billions I think?) that fell through. So they have been cutting and closing studios ever since.
Embracer Group were expecting a massive investment to fund all their recent aquisitions (2 billions I think?) that fell through. So they have been cutting and closing studios ever since.
Right, like if you finance a new car but don’t get a raise, so you set it on fire.