Embracer's Lost Boys Interactive Hit With Layoffs - News
by William D'Angelo , posted on 09 September 2024 / 1,298 Views
Embracer Group's Lost Boys Interactive has been hit with layoffs, according to the studio in a LinkedIn post.
“Today is a challenging day for Lost Boys Interactive as we face the difficult decision to reduce our workforce,” said the CEO of Lost Boys Interactive Shaun Nivens. "We recognize the impact of this decision on our team members, who have contributed greatly to our success. Decisions involving staff reductions are never made lightly, and this action was taken only after considering all other options. We are committed to supporting them in every way we can during this transition."
Lost Boys Interactive was founded in 2017 and is based in Madison, Wisconsin. The studio was acquired by Embracer Group in 2022.
The studio has co-developed Tiny Tina's Wonderlands, PUBG, Diablo IV, New World, and the WWE 2K series.
A life-long and avid gamer, William D'Angelo was first introduced to VGChartz in 2007. After years of supporting the site, he was brought on in 2010 as a junior analyst, working his way up to lead analyst in 2012 and taking over the hardware estimates in 2017. He has expanded his involvement in the gaming community by producing content on his own YouTube channel and Twitch channel. You can contact the author on Twitter @TrunksWD.
