The Embracer Group-owned Zen Studios has been hit by layoffs, with a supply on the Budapest-based outfit revealing that 32 workers have misplaced their jobs on the Zen Pinball developer.
The corporate is the newest studio owned by Embracer Group that has suffered layoffs as a part of an ongoing restructuring on the trade large. This comes following a serious deal at Embracer fell by way of, ensuing within the firm slashing its earnings forecasts, closing various studios and canceling initiatives.
Up to now, we’ve seen various layoffs hitting builders together with Gearbox Publishing, Crystal Dynamics, and Beamdog. One of many greatest losses got here again in August, when it was introduced that Embracer had shut down Volition, the studio behind the Saints Row franchise.
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Zen Studios was based in 2003 and was acquired by Embracer Group in 2020, at which level the corporate had round 65 workers working for the studio.
[Source – VGC]