Embracer CEO confirms TimeSplitters studio faces closure before Christmas

videogameschronicle.com:

TimeSplitters studio Free Radical Design faces closure before Christmas, Embracer CEO Lars Wingefors has privately acknowledged.

VGC reported earlier this month that Free Radical was at threat of being closed just two years after it was established, as part of huge company-wide cuts at Embracer and its owned publishers.

Although Embracer has yet to publicly confirm Free Radical’s position, sources told VGC that Wingefors has now acknowledged in a company e-mail that the Nottingham, UK-based company could be closed on December 11, following the completion of a consultation process.

“As we move through the consultation process and face the potential closure of Free Radical Design on 11 December 2023, I want to express my gratitude for your commitment and the remarkable work you’ve done and still keep doing,” he wrote.

“This is a challenging time for all of us but especially for you, and our focus is to support you as much as we can during this transition.”

For the past six months, Embracer has been carrying out a “restructuring program” which has already seen some game studios closed and some projects cancelled.

In the case of Freed Radical, Plaion – the Embracer division which runs Free Radical – is required by UK employment law to consult employees for a minimum of 30 days before making any redundancies, including exploring ways of avoiding them.

There remains a possibility that the studio could remain open then, should Embracer receive interest from third parties interested in acquiring it.

However, since VGC’s initial report this month, a majority of Free Radical’s staff have indicated that they’re looking for work. At the time of publishing, over 55 of the studio’s 100 staff members listed on LinkedIn have changed their