Cryptic Studios, a subsidiary of the Swedish holding company Embracer Group, plans to lay off more staff. This was reported by Game Developer, citing LinkedIn posts from the studio's employees.
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According to several Cryptic Studios employees, their last working day will be October 31, 2024. Among those preparing for layoff are Senior Artist Mauricio Tejerina, Senior Community Manager Mike Fatum, and Character Artist Amelia March. The total number of people leaving the studio is unknown.
Exactly one year ago, Cryptic Studios already conducted a round of layoffs. At that time, it was part of a large-scale restructuring at Embracer Group, during which subsidiaries of the holding laid off a total of over 1,500 employees. It is unclear what prompted the layoffs at Cryptic Studios this time.