It’s been a troublesome ol’ 12 months for folks working within the company online game world. Publishers and studios have been laying folks off at an alarming fee. Embracer Group is only one instance, and it’s just lately been instructed that the holding firm could also be closing down Free Radical Design.

That’s in keeping with sources who just lately spoke to VGC. Evidently an e-mail from Embracer CEO Lars Wingefors has confirmed that the TimeSplitters studio might be no extra come December 11, “following the completion of a session course of.”

On the time of writing, this has not been confirmed by the corporate. Nonetheless, latest revelations that Embracer might be shedding a whole lot of individuals means that Free Radical may nicely be for the chop.

No extra TimeSplitters then?

Except for the continuing bleakness that’s the present online game business, seeing Free Radical go may nicely spell the tip of a attainable TimeSplitters revival. The collection has been mendacity dormant for a very long time and followers have been hoping to see a brand new entry, particularly from the unique developer.

Embracer Group is a gigantic firm with possession over many online game builders and publishers, together with THQ Nordic, Saber Interactive, Gearbox Leisure, and Eidos-Montreal.

Round 900 jobs are anticipated to be misplaced through the restructuring, and rumors about Free Radical being shut down had been circulating. Basically, in the event you’ve been holding out for a brand new TimeSplitters recreation, you may be out of luck. Except one other studio can take over it, however it might not be the identical below a unique workforce.