The layoffs at the subsidiary studios of the Swedish holding company Embracer Group have not concluded. Recent significant staff reductions occurred at Lost Boys Interactive.
Tiny Tina’s Wonderlands
To recap, Lost Boys Interactive is an American studio that assists other teams in game development. It has worked on projects like Tiny Tina’s Wonderlands, Diablo IV, PUBG: Battlegrounds, and New World.
In an official statement, the management of Lost Boys Interactive explained that the studio relies on the priorities and projects of its partners. Due to the challenging situation in the gaming industry, companies collaborating with Lost Boys Interactive were forced to reconsider their needs, ultimately leading to the layoffs. The management of Lost Boys Interactive promised to support the impacted employees and assist them in finding new jobs.
The statement from Lost Boys Interactive does not specify how many people lost their jobs. However, journalist Stephen Totilo from Game File discovered a report submitted by the studio to Washington state authorities. It indicated that 139 people were laid off. According to the Lost Boys Interactive website, the studio employed approximately 200 people before the layoffs.
This marks the second round of layoffs at Lost Boys Interactive in the past year. The previous round occurred in January.