
Embracer studio Lost Boys Interactive has undergone a second round of layoffs, saying in a message posted to LinkedIn that it "has made the very difficult decision to reduce our overall headcount."
"As a co-development partner studio, Lost Boys is directly influenced by the projects and priorities of our development clients," the studio said in the announcement. "The need to adapt to shifting market conditions within the videogame industry has required us to reassess our operations to align with the evolving needs of our business and our partners."