Final week, Embracer Group introduced it was <a href="https://www.gameinformer.com/2024/03/28/take-two-purchases-gearbox-entertainment-from-embracer-for-460-million">promoting Gearbox Software program to Grand Theft Auto writer Take-Two</a> for $460 million. Hours after the sale, some Gearbox staff introduced on social media that they'd been let go from the corporate. As we speak, Gearbox has confirmed these departures.
In an announcement to Eurogamer, Gearbox states that an unknown variety of staff have been let go however that these affected usually are not tied to the event of upcoming video games. Gearbox said final week that it has six titles within the works, together with a brand new Borderlands recreation.
“As we attempt in the direction of our mission to entertain the world, we’re grateful that our expertise and functionality are of curiosity to you and your viewers,” says Gearbox as a part of its assertion. “The Embracer Group will proceed to report on their restructuring program that impacted some components of Gearbox in the present day that aren’t tied to the event of Gearbox Software program video games.”
Whereas Gearbox has not divulged the variety of workers members let go, a number of staff took to social media quickly after the announcement of the sale to announce their departures. Amongst them, Gearbox PR supervisor Jennifer Locke stated on X that she and “numerous others” had been affected, as surfaced by Eurogamer.
Embracer bought Gearbox (after buying it for 1.3 billion in 2021) as a part of an ongoing effort to cut back prices after betting on a $2 billion take care of Saudi Arabia-backed Savvy Video games Group that in the end fell by means of final yr. Embracer has spent the previous few months both promoting off its studios, shutting them down, or shedding staff as a part of an enormous restructuring course of to recoup losses from this failed deal.
[Source: Eurogamer]
Supply: Recreation Informer
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