Embracer's TimeSplitters Studio Free Radical Design on the Brink of Closure

Free Radical Design, the studio behind the TimeSplitters series, is reportedly facing closure by its owner Embracer Group. Embracer has been carrying out a restructuring program, resulting in the closure of other game studios and the cancellation of projects. Free Radical Design employees have been notified of the potential closure, and some have already started looking for new job opportunities. The studio's fate will be determined after a 30-day consultation period, during which Embracer may explore options for acquisition. The closure raises uncertainty about the future of the TimeSplitters franchise, which Free Radical was re-established to revive. Job losses have been widespread in the gaming industry this year, affecting various companies.