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Embracer-owned studio Lost Boys Interactive impacted by another round of layoffs


Embracer-owned studio Lost Boys Interactive is facing another round of layoffs.

Writing on LinkedIn, the studio said it had "made the very difficult decision to reduce our overall headcount in accordance with local laws and consultation processes". It noted Lost Boys needed to "adapt to shifting market conditions" within the video game industry, which has seen multiple layoffs and studio closures in recent years. PlayStation's Astro Bot success and PS5 Pro tease can't distract from Concord's failure.

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