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,”
Category: Games Industry
Games Industry
Why Sony shouldn’t give up after Concord | Microcast
The latest episode of The GamesIndustry.biz Microcast is now available, in which we take a quick dive into the biggest news of the past week. This time, we continue our discussion of Concord’s troubles with Sony pulling the shooter from sale two weeks after launch. While some have seen this stumble as a nail in
AimJunkies denied new trial against Bungie
Bungie’s win against cheats provider AimJunkies won’t be overturned as two US courts ruled in favour of the Destiny maker.As reported by TorrentFreak, US District Judge Thomas Zilly ruled that Bungie has provided enough evidence that AimJunkies had infringed its copyrights, and denied the cheat maker’s request for a new trial.”[A]t trial Bungie needed only
Ubisoft share price falls to 10-year low after Star Wars Outlaws launch
Ubisoft’s stocks have taken a hit following the release of Star Wars Outlaws, having fallen by more than 10% in two days.Insider Gaming reported the share price of Ubisoft Entertainment SA fell to €15.50, the lowest it’s been since 2014. The firm’s market cap is currently €1.99 billion.At the time of writing…
Risk of Rain dev Hopoo Games on hiatus as co-founders join Valve
US-based indie studio and Risk of Rain developer Hopoo Games appears to be taking a break as multiple members of the team, including its two co-founders, take on roles at Valve.The developer announced the move in a series of posts on X, stating that co-founders Duncan Drummond and Paul Morse — “alongside many other talented
Tilting Point to lay off around 90 employees
Narcos developer Tilting Point is in the process of laying off up to 90 employees.The information was confirmed to MobileGamer.biz, with CEO Kevin Segalla telling the publication that the studio has done “everything [it] can to maintain the shape of the business as long as possible” but layoffs were necessary to “continue operating a healthy
Rocksteady reportedly lays off staff following Suicide Squad woes
Rocksteady Studios is reportedly the latest studio to suffer a round of layoffs following the poor performance of Suicide Squad: Kill The Justice League earlier this year.Sources told our sister site Eurogamer that multiple departments have been affected, with the QA team among the hardest hit.According to the report…