Sources have told Kotaku that developer Naughty Dog has laid off at least 25 contractor positions. Naughty Dog is responsible for Uncharted and The Last of Us series.
19.09.2023 - 19:49 / destructoid.com / Lars Wingefors
Embracer Group has reportedly laid off more than 25 employees from Beamdog, according to former employees via LinkedIn, as spotted by GameDeveloper. Beamdog, the studio behind Baldur’s Gate Enhanced Edition, Neverwinter Nights Enhanced Edition, and Mythforce was acquired by Embracer’s Aspyr Media subsidiary in April 2022.
“On Friday 26 people were laid off at Beamdog, and I unfortunately am one of them,” said former associate producer Misia Bloniarz via LinkedIn. “After 4 years at the company I look back at my time there fondly, and wish everyone the best.”
Others affected by the layoffs include former associate graphic artist Jill Hollett and former QA manager Erin McIntyre, who also confirmed their termination via LinkedIn. These layoffs are just one result of Embracer Group’s previously announced restructuring, with other studios — including Saints Row developer Volition — facing shutdowns or layoffs. In that announcement, CEO Lars Wingefors insisted on the “untapped potential” of Embracer.
“Across the group, we are now initiating multiple actions to strengthen our cash flow generation and leverage our portfolio of IPs to become a stronger company and setting out on a stable future to build even greater games to the benefit of gamers and fans across the globe,” Wingefors said. He then went on to say that, despite this action, there would be closures and layoffs in the group’s future.
This might not be the last time we’ll hear about Embracer holding layoffs or closures; earlier this month, the company was reportedly considering a sale of Borderlands developer Gearbox Entertainment, per Reuters.
Sources have told Kotaku that developer Naughty Dog has laid off at least 25 contractor positions. Naughty Dog is responsible for Uncharted and The Last of Us series.
First announced two years ago, at Sony’s showcase in 2021,Star Wars: The Old Republic’s remake is seemingly being officially scrubbed from around the internet. Could the project be another casualty as part of Embracer Group’s reorganization?
Sega recently announced that as part of its efforts to “improve profitability” where its European business is concerned, it had cancelled HYENAS, Creative Assembly’s upcoming multiplayer shooter (along with other, unannounced titles). In the wake of that cancellation, the developer has shared further bad news.
Crystal Dynamics, the developer behind the rebooted Tomb Raider franchise, has been hit with a round of layoffs. This follows the ongoing crumbling of Embracer Group, which announced a large-scale restructuring of its assets in June, resulting in layoffs, closures and cancellations.
Hearthstone has been one of the most popular digital collectible card games. It’s a free-to-play title as well and easily accessible to players through mobile devices to the PC platform. Since this game launched in 2014, the gameplay experience has continued to thrive, with players logging in daily and picking up the various launch expansions. However, while the game is apparently doing well, several cuts have been made to the team behind the game project.
Blizzard Entertainment has laid off a number of employees from its Hearthstone team.
In the aftermath of Embracer Group failing to close a deal with Savvy Group worth $2 billion earlier this year, the company has suffered some financial setbacks. In June, it revealed that it was instituting a restructuring program that would entail layoffs, studio closures, and upcoming projects being cancelled.
Today, the Embracer Group hosted its annual general meeting with investors for the current fiscal year. Chief Executive Officer Lars Wingefors commented on the ongoing restructuring process that brought about the closure of Volition and Campfire Cabal, as well as other minor layoffs at other studios owned by Embracer.
Embracer Group CEO Lars Wingefors has said the company spends more on platform fees than it does on game development.
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Embracer Group is a video game company which owns over 70 studios around the world. Things haven’t been looking good for its studios lately, as they have been suffering from layoffs and closures.
The Embracer Group has been struggling with financial issues in recent months, having failed to close an undisclosed deal worth $2 billion earlier in the year, in the wake of which the company announced that it would be shuttering studios, laying off employees, and cancelling unannounced games as part of a widespread restructuring program.