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The Embracer curse continues: Insurgency dev suffers layoffs as unannounced project is cancelled

New World Interactive, one of the most beloved independent FPS developers to come out of the modding scene, has been hit with a major round of layoffs. The studio's parent company, Embracer Group, is responsible, as it continues to struggle with debt.

Embracer, which had acquired NWI in August, 2020, has been on a death march of cost-cutting that began in the summer, and has so far resulted in six months of constant job cuts and studio closures, which Embracer dubbed "restructuring."

New World Interactive is technically a subsidiary of Saber Interactive, which is amongst the Embracer Group's many holdings. Reports about the news initially suggested the studio had been entirely shuttered, but Saber has since clarified that it's only let go of developers.

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