Lost Boys Interactive to lay off unknown number of staff
Lost Boys Interactive has laid off an unknown number of employees.
The Wisconsin-based studio (which is owned by Embracer) shared a statement on Linkedin on Friday, saying the redundancies impacted staff "across several states," without giving further detail.
"As a co-development partner studio, Lost Boys is directly influenced by the projects and priorities of our development clients," the statement read. "The need to adapt to shifting market conditions within the video game industry has required us to reassess our operations to align with the evolving needs of our business and our partners."
CEO Shaun Nivens also said that this decision was only taken after "all other options" were considered, adding thet the studio is committed to support the staff being laid off.
The studio's current projects remain unaffected, the studio's statement suggested, reading: "Our teams working on our ongoing titles remain in place as they are, and we continue to seek additional development opportunities moving forward."
GamesIndustry.biz reached out to Embracer for more information.
Lost Boys Interactive is mainly known for its work on Tiny Tina's Wonderlands, and was acquired by Gearbox in 2022, a year after the Borderlands studio itself had been acquired by Embracer.
An unknown number of Lost Boys Interactive staff was already laid off last January.
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