Volition Video games, the studio greatest identified for its work on the Saints Row collection, has been closed down “efficient instantly” as a part of dad or mum firm Embracer Group’s beforehand introduced “restructuring” programme.
Volition, which celebrated its thirtieth anniversary earlier this 12 months, introduced the closure in an announcement shared on social media, writing, “This previous June, Embracer Group introduced a restructuring programme to strengthen and keep its place as a frontrunner within the online game trade. As a part of that programme, they evaluated strategic and operational objectives and made the troublesome determination to shut Volition efficient instantly.”
The assertion provides that Embracer is “working to supply job help and assist clean the transition for our Volition members of the family”. The transfer is prone to impact round 340 individuals based mostly on the studio’s most not too long ago shared employment figures.
SAINTS ROW – Story Trailer [official]
As we speak’s information follows a disappointing essential and business reception for 2022’s Volition-developed Saints Row reboot, which Embracer admitted “didn’t meet the total expectations and left the fanbase partially polarised” in a monetary replace shared final November. Quickly after, it introduced Volition would develop into a part of Borderlands developer Gearbox.
Since then, Embracer has confronted monetary challenges, which it partly blamed on Saints Row’s poor reception, resulting in the announcement it might be embarking on a “complete restructuring program” involving studio closures and job cuts in June.
Embracer has additionally beforehand revealed plans to give attention to and “exploit” its Lord of the Rings and the Hobbit licenses “in a really vital trend” to enhance its video video games enterprise.