"Take-Two's Acquisition of Gearbox Leads to Layoffs Following Embracer Split"
TL;DR
Gearbox Software is laying off staff shortly after announcing its split from Embracer to join Take-Two, with senior user research investigator Jewels Verne and PR manager Jennifer Locke among those affected. The $460 million deal will see Gearbox taking its key franchises to Take-Two, while its publishing arm and certain publishing rights will remain with Embracer. Gearbox CEO Randy Pitchford has expressed optimism about the move, calling it the "best possible scenario" for the studio.
- Gearbox is laying off staff following Embracer breakup Game Developer
- Take-Two Buys Gearbox From Embracer, Confirms Development on New Borderlands Game IGN
- Gearbox Layoffs Hit Staff Hours After Being Sold By Embracer Insider Gaming
- Embracer is selling Borderlands developer Gearbox to Take-Two The Verge
- Video Game Publisher Take-Two Interactive to Acquire ‘Borderlands’ Maker Gearbox for $460M Hollywood Reporter
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