Volition, the developer behind the Pink Faction and Saints Row sequence, has shut down.
Earlier right this moment, builders on the studio started tweeting a couple of “full studio closure.” Shortly afterwards, the corporate issued a press release saying that “this previous June, Embracer Group introduced a restructuring program to strengthen Embracer and keep its place as a frontrunner within the online game trade. As a part of that program, they evaluated strategic and operation targets and made the troublesome determination to shut Volition efficient instantly.”
Volition Studio (Saints Row) is shutting down after 30 years. pic.twitter.com/zTwvXWQYWgAugust 31, 2023
Based 30 years in the past, Volition is a reasonably long-serving studio. It was bought by the corporate that may later be generally known as Embracer Group in February 2018, and transferred to Gearbox (greatest identified for the Borderlands video games) after the vital failure of the Saints Row reboot final 12 months.
Embracer made a set of acquisitions over current years, however got here into monetary problem after an enormous $2 billion take care of Saudi Arabia fell by means of. It introduced the restructuring program earlier this 12 months, and has confronted criticism on account of its financial technique since then.
Volition’s assertion goes on to say that the corporate is working “to supply job help and assist clean the transition” for builders. It isn’t clear what that may imply, but it surely’s actually potential that a few of these affected by the studio’s closure will discover their method to new jobs inside Gearbox or the remainder of Embracer Group.
Gearbox simply introduced the Borderlands Assortment: Pandora’s Field, and is considered engaged on extra video games in its loot-shooter sequence.
