Embracer Group CEO Lars Wingefors has reportedly confirmed to employees that TimeSplitters studio Free Radical is facing closure next month, as part of a sweeping restructuring programme that has already resulted in more than 900 job cuts at the company.
Word that Free Radical - a studio resurrected in 2021 specifically to revive the beloved TimeSplitters franchise - was the latest developer to be impacted by parent company Embracer's restructuring first surfaced earlier this month in a report by VGC.
The publication's sources have now shared a company wide email from Wingefors confirming that Free Radical is currently engaged in a consultation process - as per UK employment law, employees must enter into a 30-day consultation process before redundancies can be made - that could result in the studio's closure next month.