Gearbox confirms layoffs following sale by Embracer

April 2, 2024
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Gearbox Entertainment has confirmed layoffs at the company, following the announcement of its sale by Embracer.

Staff impacted by the cuts took to social media last week to reveal they had been laid off, just hours after it was announced that Embracer had agreed to sell Gearbox to Grand Theft Auto publisher Take-Two for $460m (£366m).

Now, Gearbox has issued a statement on the layoffs, which it says are not “tied” to the development of Gearbox Software games. (Borderlands 4 was confirmed to be in “active development” last week.)

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