Embracer-owned studio Lost Boys Interactive has laid off an unknown number of employees. Confirming the news on LinkedIn, the studio explained the redundancies will impact employees across several states."Lost Boys Interactive has made the very difficult decision to reduce our overall headcount in accordance with local laws and consultation processes. As a remote first company, this impacts employees across several states," reads the statement."We are committed to supporting our affected staff in finding new positions as quickly as possible. Additionally, Lost Boys will collaborate with other studios and recruiters to help connect them with job opportunities."
Lost Boys under Gearbox and Embracer
Lost Boys is a co-development studio known for working on titles like Tiny Tina's Wonderlands, Diablo IV, and PUBG. The company was acquired by Gearbox Software in 2022 when it was under the ownership of Embracer.Although Gearbox was divested by Embracer earlier this year, Lost Boys remained with the Swedish conglomerate—wh…