Tag

Fishlabs

All articles tagged with #fishlabs

gaming1 year ago

Embracer Layoffs Lead to Cancellation of New Red Faction Game

Embracer-owned Fishlabs was developing a new Red Faction game and a sci-fi Metroidvania before both projects were canceled due to layoffs in 2023. Despite creating a visual prototype and a "fake trailer" for the new Red Faction, the game was not greenlit. Embracer's financial struggles, exacerbated by a failed $2 billion deal, led to significant restructuring, job losses, and the cancellation of multiple projects.

gaming2 years ago

Embracer's Layoffs at Fishlabs: Chorus and Galaxy on Fire Developers Affected

Fishlabs, a developer owned by Embracer, has confirmed layoffs impacting around 50 positions due to the lack of financing for an unannounced project. The remaining team will continue working on existing co-development projects. This comes as part of Embracer's ongoing restructuring program, which has already resulted in layoffs at other studios within the gaming industry. Fishlabs had previously released Chorus in 2021, but the game did not meet sales expectations.

gaming2 years ago

Embracer's Fishlabs hit by layoffs, 50 employees affected

Embracer-owned game developer Fishlabs has reportedly laid off around 50 employees due to a "lack of approval and financing" for an in-development project. The Hamburg-based studio, known for games like Chorus and the Galaxy of Fire series, is said to have been impacted by Embracer's ongoing restructuring program, which has already led to the closure of other studios and the cancellation of projects. Fishlabs' remaining team will continue to work on existing co-development projects with other Plaion and Embracer Group studios, while the affected employees will receive support and severance packages.