The company confirmed the news on LinkedIn and explained it would be making some redundancies and shuttering its offices in Stockholm, Visby, and Oslo.
"Like many other game companies, we have gone through a tough period over the last 12 months, and, unfortunately, that means that we are shutting down our offices in Stockholm, Visby, and Oslo, as well as having some redundancies in our Berlin studio," reads the statement. "If you are hiring in the games space, please reach out to Araken dos Santos and we would love to make introductions to our talented staff."
According to EG7's interim report for the quarter ended June 2024, the company is currently implementing a "cost-saving plan" that will result in Toadman undergoing a number of large "adjustments."
www.gamedeveloper.com
"Like many other game companies, we have gone through a tough period over the last 12 months, and, unfortunately, that means that we are shutting down our offices in Stockholm, Visby, and Oslo, as well as having some redundancies in our Berlin studio," reads the statement. "If you are hiring in the games space, please reach out to Araken dos Santos and we would love to make introductions to our talented staff."
According to EG7's interim report for the quarter ended June 2024, the company is currently implementing a "cost-saving plan" that will result in Toadman undergoing a number of large "adjustments."
Helldivers 2 and Dead Island 2 support studio Toadman Interactive confirms layoffs
The layoffs are expected to impact around 100 full-time and contract employees.
