Layoffs hit Galaxy on Fire, Chorus developer Fishlabs – sources

UPDATE 5.30pm UK: Today’s layoffs at Fishlabs have now been publicly confirmed, following our report earlier this afternoon.

In a statement, Fishlabs parent company Plaion (itself owned by Embracer) confirmed a “restructuring” at the studio “expected to impact around 50 positions”.

“Despite exhaustive efforts to avoid downsizing, the lack of approval and therefore financing for the studio’s unannounced project (also referred to as “Project Black”) has made this step unavoidable,” a spokesperson said today. “The remaining team will continue to work on the existing co-development projects in partnership with other Plaion and Embracer Group studios.

“We understand the profound impact of this decision on our talented team at Fishlabs and are committed to handling this transition with the utmost respect and care. To support those affected, Plaion is committed to providing comprehensive support, including severance packages as well help with career transition services.”