Formed in 2017, Madison, Wisconsin-based Lost Boys is a remote-first, co-development studio whose credits include the WWE 2K series, Tiny Tina’s Wonderlands, PUBG, Diablo 4 and New World.
In an announcement on LinkedIn, Lost Boys noted that its status as a support studio is directly influenced by the projects and priorities of its development clients.
“The need to adapt to shifting market conditions within the video game industry has required us to reassess our operations to align with the evolving needs of our business and our partners,” it said.
Lost Boys, which also suffered a heavy round of layoffs in January, employs over 200 staff across more than 40 US states and Canada, according to its website.
https://www.videogameschronicle.com/news/embracer-studio-lost-boys-interactive-has-made-another-round-of-layoffs/