Embracer is shutting down Volition KossyDerrickBlog KossyDerrickEnt


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Thursday, August 31, 2023

Embracer is shutting down Volition

Information reaching Kossyderrickent has it that Embracer is shutting down Volition.

Volition Games has announced that its parent company, Embracer Group, is shutting the studio down. The studio was the developer behind the latest Saints Row reboot.

Volition’s most recent game was a reboot of the Saints Row franchise. The new Saints Row launched in February 2022 as a refresh of the open-world crime franchise, but underperformed critically and commercially, according to a 2023 financial report from Embracer.

A development source at Volition said that the closure was unexpected — outside of the overall restructuring at Embracer — and swift. An “emergency meeting” was called on Thursday morning and the studio was closed minutes later, according to a now-former employee.

In an update on LinkedIn, Volition said, “This past June, Embracer Group announced a restructuring program to strengthen Embracer and maintain its position as a leader in the video game industry. As part of that program, they evaluated strategic and operational goals and made the difficult decision to close Volition effective immediately.”

The statement continued, “To help our team, we are working to provide job assistance and help smooth the transition for our Volition family members. We Thank our customers and fans around the world for all the love and support over the years. You will always be in our hearts.”

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