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,” the statement read. “The need to adapt to shifting market conditions within the video game industry has required us to reassess our operations to align with the evolving needs of our business and our partners.”
