One of Gearbox Software’s co-developers, Lost Boys Interactive, which was involved in the making of the Tiny Tina’s Wonderlands game, is facing layoffs.

Embracer Group, a subsidiary of Gearbox Software, has announced that several employees at Lost Boys Interactive will be made redundant. The studio, which has been working on Tiny Tina’s Wonderlands, a spin-off of the Borderlands franchise, is now facing staff cuts across several of its departments.

The Embracer Group, a Swedish holding company, has a number of subsidiaries in the video games and media sectors. Last year Embracer made several major layoffs and closures, resulting in thousands of job losses by the end of 2023. Fans had hoped the cuts would end, but Embracer has announced that more studios will be affected by the layoffs.

According to information first published by Windows Central, employees at Lost Boys Interactive have reported that the studio is also facing significant layoffs. Lost Boys Interactive helped Gearbox Software develop Tiny Tina’s Wonderlands, which was a critical and commercial success. However, Embracer continues to implement cost-cutting measures, and Tiny Tina’s developers have announced layoffs in the design, production and quality assurance departments, among others. There is currently no official information on the number of employees to be laid off, but many have already shared the news on LinkedIn and other social media sites. Embracer has previously raised the possibility of selling Gearbox Software, so the layoffs at Lost Boys Interactive have many fans worried about the future of Borderlands and Gearbox.

Embracer Group’s recent announcement of further layoffs has shocked people, though some have already noted a continuation of the cuts that began in 2023. Unity, Twitch and Discord are also planning major layoffs. The public often questions the need for these moves, as many of the companies announcing layoffs have reported record profits. Fans continue to worry about the future of the industries, fearing that these mass layoffs will affect consumers and the products and services they love. The Lost Boys Interactive and Gearbox Software swarm are concerned about the Embracer Group and several of its subsidiaries, especially after Embracer announced these new layoffs.

The trend of layoffs in the industry continues to show no sign of slowing down, with a number of companies making significant layoffs. 2023 has seen widespread layoffs in the technology and gaming industries, as well as in content creation and social media. In early 2024, more workers will receive news of studio layoffs and closures, leading many to ponder the future of various franchises and services. Embracer has lost its COO and has now announced further layoffs, leaving fans of Lost Boys Interactive and Gearbox Software skeptical.

Source: Gamerant