Some Gearbox employees posted on LinkedIn this week to announce they have been let go by the company as a part of layoffs that seem to stem from restructuring that the publisher\u2019s parent company, Embracer Group, announced a couple of months ago.<\/p>
\u201cUnfortunately, no one saw it coming, but my contract and those of my colleagues who started in June had to be terminated on the last day of our probation month,\u201d translator Allan Jacquemart said<\/a>. \u201cWe were simply victims of the group’s restructuring.\u201d<\/p>
The layoffs appear to be a part of a larger restructuring process at Embracer after what CEO Lars Wingefors characterized as a \u201cchallenging year\u201d for the company following a Q4 report in May. According to the report<\/a>, the company had a substantial strategic partnership fall through that could have been worth around $2 billion over the course of six years.<\/p>
