The Swedish Embracer Group holding continues to close some subsidiaries and reduce staff in others. The list of studios that suffered from the company's restructuring included Free Radical Design and Fishlabs.


Possible closure of Free Radical Design

According to the Video Games Chronicle portal, the studio may close on December 11. This is stated in an email that Embracer Group CEO Lars Wingefors sent to Free Radical Design employees.

"This is a difficult time for all of us. Especially for you. Our goal is to provide you with maximum support during this period," Vingefors wrote.

Formally, Free Radical Design can still avoid closure. According to Video Games Chronicle, British law obliges the management of Embracer Group and Free Radical Design to consult with employees for at least 30 days and try to find a way not to close the studio. One of the possible options is the sale of Free Radical Design.

However, apparently, the employees of Free Radical Design do not expect a successful outcome. Recently, more than 55 out of 100 specialists have updated their profiles on LinkedIn and started looking for work.

Neither Embracer Group nor Free Radical Design have publicly commented on the Video Games Chronicle information.

Free Radical Design is a British developer, known primarily for the TimeSplitters shooter series. Initially, the studio was founded in 1999. In 2008, it was on the verge of bankruptcy and soon became part of Crytek. In 2014, the studio was again not in the best position and Crytek decided to close it, and transfer most of the team to Dambuster Studios.

In 2021, Embracer Group re-opened Free Radical Design specifically to develop a new game within the TimeSplitters franchise.

Layoffs at Fishlabs

Eurogamer portal was the first to report on dismissals in the German studio Fishlabs, citing sources close to the studio. His information was later confirmed by Plaion, the studio's owner. According to a Plaion representative, 50 people were fired from Fishlabs, - before that 95 people worked in the studio.

The reason for the dismissals is that the studio failed to infiltrate an unannounced game codenamed Project Black and find funding for it.

It should be noted that at the beginning of the year, the Federal Ministry of Economy and Climate Protection of Germany provided Fishlabs with a subsidy of €5.52 million. This money was supposed to go just for the development of Project Black.

Fishlabs opened in 2004. The studio has been specializing in mobile games for a long time. In particular, she created a series of space simulators Galaxy on Fire. She also helped third-party studios to port games to consoles. Her last original project was the action game Chorus, released in 2021 on PC, PlayStation and Xbox.