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 workers introduced on social media that that they had been let go from the corporate. Immediately, Gearbox has confirmed these departures.
In a press release to Eurogamer, Gearbox states that an unknown variety of workers have been let go however that these affected should 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 sport.
“As we try 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 at present 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 workers 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 offered Gearbox (after buying it for 1.3 billion in 2021) as a part of an ongoing effort to scale back prices after betting on a $2 billion take care of Saudi Arabia-backed Savvy Video games Group that in the end fell via final 12 months. Embracer has spent the previous few months both promoting off its studios, shutting them down, or shedding workers as a part of a large restructuring course of to recoup losses from this failed deal.
[Source: Eurogamer]
Supply: Sport Informer
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