Earlier in the month, reports surfaced that TimeSplitters developer Free Radical Design was facing risks of shuttering, and now it’s all but confirmed.
It seems Embracer Group is planning on continuing its widespread layoffs that hit basically all of its major studios.
Digital Bros., the parent company behind publisher 505 Games, alongside a myriad of development studios, has laid off about 30% of its workforce.
Bungie CEO Pete Parsons is echoing what many employees are decrying following harsh layoffs at the studio, calling it a “sad day.”
In the concerning trend of big studios slashing jobs, PlayStation Studios’ Bungie is the latest in the laundry list of first and third-parties axing positions.
LittleBigPlanet and Dreams maker, Media Molecule, has undergone a substantial round of layoffs, reportedly impacting between 15 to 20% of its staff.