The decision will lead to layoffs and project cancellations.
Swedish publishing house Thunderous announces a second wave of layoffs following spring restructuring. This time, between 80 and 100 people from a multi-employee company will lose their jobs. While this will mostly impact internal development teams, Thunderful wants to focus on publishing third-party games. This will also interfere with current games.
“A strategic move to externally publish games is the best way for us to have a strong publishing future, allowing us to reduce fixed costs, increase flexibility and better control cash flow,” says the company’s CEO. Martin Walfisch“It is regrettable to announce a second restructuring in less than a year, but we see no other alternatives.”
Employees and projects of third-party development studios are primarily at risk. Next to Thunderous Development this is approximately Go to the ship for an adventure game Somerville, Studio “Early Morning” or Fizbin. The latest team is developing a roguelike action game. Rainbreaker. Apparently, the same thing will be done in the next game in the series. SteamWorld.
The team will not be harmed Sinkwhich, in addition to development, also serves as an independent publisher. For example, he is sponsoring an upcoming cyberpunk platformer. Replaced.
Thunderful is responding to still-unfavorable post-third-quarter performance, which wasn’t helped even by the sale of all its distribution companies. After nine months of the calendar year, the company is in loss of 34 million euros Saturday Sales are worse by 22.4% than at the same time last year.
Source :Indian TV