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Embracer Confirms Fishlabs Studio Layoffs, Potential Closure Of Free Radical Design

by Rainier on Nov. 28, 2023 @ 12:34 p.m. PST

In addition to the potential closure of Free Radical Design, Embracer's PLAION announced a restructuring at its Fishlabs studio in Hamburg, Germany, which is expected to impact around 50 positions. 

The layoffs at Fishlabs studio comes as part of the group-wide restructuring program at its parent company Embracer Group, which was announced on June 13, 2023.  

Despite exhaustive efforts to avoid downsizing, the lack of approval and therefore financing for the studio’s unannounced project (also referred to as “Project Black”) has made this step unavoidable. The remaining team will continue to work on the existing co-development projects in partnership with other PLAION and Embracer Group studios. 

We understand the profound impact of this decision on our talented team at Fishlabs and are committed to handling this transition with the utmost respect and care. To support those affected, PLAION is committed to providing comprehensive support, including severance packages as well help with career transition services. 

"We are facing a tough moment together," said Lars Janssen, VP, Worldwide Studios & Talent at PLAION. "Each individual at our Fishlabs studio has been more than just a team member; they've been a vital part of our creative journey, bringing not only their skills but also their passion and dedication to every project. We're truly thankful for the energy and heart they've invested in our collective endeavors. This painful decision is a reflection of the broader challenges in the gaming industry, not the incredible talents or efforts of our team." 


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