New World Interactive has been hit with layoffs as a result of Embracer Group's restructuring program.
The studio, owned by Saber Interactive (a subsidiary of Embracer Group), is perhaps best known for its work on tactical multiplayer shooters. Revolt And Rebellion: Sandstorm. While one Twitter after Shared yesterday (December 4) by Nick Calandra, co-founder and content director of Second Wind Group (ahead of the official announcement) suggested that the studio may be permanently closed, as Eurogamer reportsSaber has since made it clear that this is not the case. Instead, it called it a “restructuring.”
“Sabre can confirm that restructuring changes have taken place at our subsidiary New World Interactive,” reads the statement (via Eurogamer). “This reorganization has unfortunately resulted in layoffs at the studio.”
Additionally, it added that the company is “working to fill existing open positions” within Saber with employees affected by the job losses, and that those affected will also be offered severance packages.
The publisher also clarified that development of its team-based first-person shooter will continue. Rebellion: Sandstorm“as well as unannounced future projects.”
At this time, it is unclear how many New World Interactive employees are affected, but the studio is one of several Embracer Group-owned studios to be hit with job cuts this year. This latest round of layoffs, including the most recent 50 job cuts at German studio Fishlabs, is part of Embracer Group's ongoing restructuring program, which has seen more than 900 people laid off by the end of September 2023.
According to Embracer Group's interim chief strategy officer Phil Rogers, the restructuring is “the way we win.” He added that the mass layoffs are “painful” but “a necessary thing for us to achieve our new and necessary goals.”
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