Former Embracer Group chief operating officer Egil Strunke announced on LinkedIn today that he has formally resigned as the company's chief operating officer—essentially, Embracer's number-two guy—and that he's now launching an all-new game company of his own.
Pinball FX maker Zen Studios latest Embracer company reportedly hit by layoffs
19.10.2023 - 11:53 / eurogamer.net
Zen Studios, the team behind the Pinball FX series, is reportedly one of the latest companies to have been hit by layoffs this year.
As shared by Videogamelayoffs (via VGC), an unnamed source from the studio revealed 32 members of staff from the Hungary-based developer had lost their jobs earlier this month.
Zen Studios was one of the many studios acquired by Embracer Group in 2020, when the Swedish video game and media holding company acquired the developer through Saber Interactive.
Eurogamer has asked Embracer for further comment on these reported layoffs, however a representative reiterated to our sister site GamesIndusty.biz its earlier statement about ongoing restructuring. Here, it acknowledged this restructuring at the company will involve «the closing of studios and termination of projects.»
Zen Studios is one of many companies that have been hit by Embracer layoffs this year. Tomb Raider developer Crystal Dynamics also saw its numbers cut in September. Meanwhile, in August, Embracer revealed it would be shutting down Saints Row developer Volition Games «effective immediately».
Embracer also previously confirmed it was considering selling Borderlands developer Gearbox as part of its restructuring efforts, and the Embracer-owned Saber Interactive announced it would be halting development on its multiplayer Evil Dead game. This announcement also saw the company state that its planned Switch release of the game had been cancelled entirely.
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