The latest video game developer to be hit by layoffs is Eidos Montreal, the AAA studio responsible for hits like Marvel's Guardians of the Galaxy and the modern Deus Ex games.
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Crystal Dynamics is the latest game developer to be hit by layoffs. The studio is known for its Tomb Raider games and is also a co-developer of an upcoming Xbox title.
Warhorse Studios has moved forward the release date of Kingdom Come Deliverance 2 by a week, saying it wants gamers to "start 2025 with the best game there is".
Embracer Group has confirmed it will keep ownership of Metro game developer 4A Games as well as Zen Studios instead of selling them to Saber Interactive.
After confirming a 2024 launch window for Kingdom Come Deliverance 2 earlier this year, Warhorse Studios has now pushed back the upcoming medieval-set open-world RPG to early 2025.
Plaion, a division of the Embracer Group, has announced a deal with Skydance New Media to publish its upcoming single-player action-adventure game Marvel 1943: Rise of Hydra sometime in 2025.
Piranha Bytes, the Germany-based game studio owned by Embracer Group, has reportedly shut down. The developer's former founders have just announced the launch of their next team, Pithead Studio.
Embracer Group is embracing AI for game development with the goal of improving efficiency, character behavior, personalization, and gameplay. The company views AI as a tool to empower developers.
Embracer Group has closed Pieces Interactive, developer of the recently released Alone in the Dark remake. The studio is also known for titles such as Puzzlegeddon and Fret Nice.
Now that it has finished its reorganization, Embracer Group has revealed plans to break itself up into three standalone and publicly traded companies, each with different gaming properties.
Warhorse Studios has officially confirmed Kingdom Come: Deliverance II, and it's coming later this year to PC and consoles. The medieval RPG will be continuing Henry of Skalitz's storyline.
The Kingdom Come: Deliverance universe may finally be about to expand. Developer Warhorse Studios has announced a reveal event from a new game, which insiders say is a sequel to the popular RPG.
The Embracer Group has renamed Gearbox Publishing San Francisco as Arc Games. The first game from the group under their new name will be Gigantic: Rampage Edition which launches tomorrow, April 9.
While Embracer Group has sold the majority of its previous studios and games from Gearbox Entertainment to Take-Two Interactive, it revealed today it has kept a few studios and games for itself.
Embracer Group has agreed to sell off its interests in Saber Interactive, plus many of its other game studios, to a new company, Beacon Interactive. The selling price was $247 million.
Embracer Group is reportedly close to finishing deals to sell off two of its major subsidiaries. Gearbox Entertainment and Saber Interactive are the development and publishing wings in question.
In its latest quarterly financial report, the video game publisher Embrancer Group confirmed it has so far laid off 1,387 of its employees since its restructuring began in mid-2023.
The Embracer Group job cuts keep happening as 97 team members at developer Eidos Montreal have been laid off. The team has also canceled an unannounced new game in the Deus Ex series.
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.
A number of employees of publisher 3D Realms and its internal development studio Slipgate Ironworks have been laid off in the latest cutbacks at their parent company Embracer Group.
Free Radical Design, the famed game studio that was revived just a couple of years ago to work on a new Timesplitters game, is officially shutting down following decisions by its owner Embracer.
The Embracer Group has overseen layoffs and restructuring at several acquired studios, most recently at Crystal Dynamics, known for Tomb Raider. 10 employees from IT and marketing were laid off.
Beamdog has laid off 26 employees as owner Embracer aims to cut costs, having acquired over 230 companies. The developer known for Baldur's Gate and MythForce, was purchased by Aspyr in 2022.
Gearbox Entertainment, the makers behind the Borderlands franchise and publisher of titles like Remnant II, may be being put up for sale again. Embracer is reportedly in talks with buyers.
Volition was formed in 1993 as Parallax Software and it made the first two Descent games and went on to make a ton of great game titles and franchises like Freespace, Red Faction, and Saints Row.
After a 30-year run in the games industry, the game development studio behind major franchises like Saints Row and Red Faction, Volition, has been shut down by parent company Embracer Group.
The open-world zombie-based action game has been a big hit, and now developer Dambuster Studios has revealed plans for two big story expansions that will launch in the next 12 months.
Embracer Group, which has a number of game publishers and studios under its large company, stated that it will be conducting a review of its operations that will result in a reduction of operations.
Amazon's development team behind its New World MMO game will now be working on a new massively multiplayer title based on The Lord of the Rings and The Hobbit novels by J.R.R. Tolkien
Crystal Dynamics has made almost every premium cosmetic item inside Marvel's Avengers free across all platforms. This means every custom outfit, takedown, emote and more are now available to everyone.
Crystal Dynamics has announced the end of Marvel's Avengers support, as the live service super hero game's final update will arrive in March. A complete removal from stores is planned for 2023.
In a massive move, Square Enix will be offloading its biggest western studios in a $300 deal. Embracer Group is acquiring the studios and their popular IPs like Tomb Raider and Deus Ex.
Deep Silver and Volition have announced a delay to Saints Row, the upcoming reboot of the open-world action franchise. The extra time is being used by the studio to polish up the experience.
Today, Gearbox Software — the team behind Aliens: Colonial Marines, Borderlands, and Duke Nukem — announced that it was opening a new studio in Canada to work on Borderlands and other franchises.
Deep Silver and Volition announced a reboot to Saints Row today, giving players an origin story to play through for the first time. The open-world action title will feature cooperative play.
Embracer Group is once again collecting video game companies, as Borderlands-maker Gearbox Entertainment, mobile games developer Easybrain, and popular porting studio Aspyr are the latest to join up.
Video game makers Deep Silver and 4A Games have revealed that the third title in the Metro series is going to arrive on the next-gen. PC compatibility will also expand to include macOS and Linux soon.
Embracer Group has announced that it and its publishing arms have acquired eight more studios. The newest gains include Metro series developer 4A Games and Insurgency developer New World Interactive.
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