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

We’re simply a few weeks into 2024, however the layoffs that plagued the gaming industry final yr are again. An undisclosed variety of staff at Misplaced Boys Interactive have been laid off throughout seemingly “all disciplines in any respect ranges,” terminated producer Jared Tempo told Aftermath. Misplaced Boys Interactive is accountable for video games like Tiny Tina’s Wonderlands — which is launching on PlayStation Plus.

The information was initially reported by each terminated and remaining staff. Lost Boys Interactive eventually released a statement to Eurogamer confirming the information, blaming “headwinds dealing with the trade proper now.” It continued, “Sadly, this does imply we’ll separate from a few of our crew members and we’re working carefully with these affected. We all know this can be a arduous time for this gifted and skilled group of individuals and can present assist and help by way of this transition to these leaving.”

These layoffs are simply the newest set from its mother or father firm, Embracer (Gearbox technically owns Misplaced Boys Interactive however is, itself, owned by Embracer). In September, Embracer laid off about 900 staff, equal to about 5 p.c of its employees. Solely two months later, it laid off another 50 or so employees at Fishlabs, builders of Chorus. The corporate has additionally shuttered a few of its studios and is rumored to be promoting Gearbox, which it bought in 2021 for $1.4 billion. Embracer blames the great restructuring and layoffs on the dissolution of a potential deal that may have introduced $2 billion in income over six years.