Embracer Group's Lost Boys Interactive Faces Significant Layoffs

The layoffs, affecting all levels and disciplines, are part of Embracer Group's ongoing restructuring following a failed investment deal in 2023.

Lost Boys Interactive, a subsidiary of Gearbox Software and part of the Embracer Group, has reportedly undergone 'sizable' layoffs.
The layoffs reportedly affected all disciplines at all levels within the company.
Lost Boys Interactive has contributed to games such as Borderlands 3 and Tiny Tina's Wonderlands.
Embracer Group has been undergoing a restructuring program since 2023, which has resulted in layoffs and studio closures across the company.
Embracer Group's restructuring was reportedly triggered by the failure of a multi-billion investment deal in 2023.