Gearbox dropped the ball with Tiny Tina's wonderlands, leading to massive layoffs. The Borderlands franchise is in its worst shape ever, and the future looks bleak. Embracer Group's inflated purchase of Gearbox during Borderlands 3's life cycle was a poor decision. Now, they're desperately trying to trim the fat off the bones. The downfall of Gearbox is no surprise, and I have no sympathy for them. Let me know your thoughts in the comments. Later, folks! 😎
The Embracer Group has made headlines yet again, this time with the recent layoffs at Lost Boys Interactive, a subsidiary of Gearbox responsible for developing Tiny Tina's Wonderlands. Unfortunately, one quarter of their employees have been let go just two weeks into 2024.
The shift in employee numbers is quite drastic as Lost Boys Interactive went from 200 employees to over 400 within 18 months of being purchased by Gearbox and 2K. Unfortunately, the initial belief that the sales trend of Wonderlands at launch would continue proved to be a miscalculation.
Borderlands, historically a beloved franchise, is now facing challenging times. The poor reception of Tiny Tina's Wonderlands and the lack of post-launch support from Gearbox have resulted in a significant decline. With the Borderlands franchise experiencing its worst shape in history, the Embracer Group is realizing that purchasing Gearbox during the lifecycle of Borderlands 3 was a poor decision.
Despite being for sale for about six months now, no companies have stepped up to purchase Gearbox, causing the Embracer Group to trim as much fat off the bones in an attempt to make Gearbox a more attractive option for potential buyers. Gearbox's future is uncertain as we wait for the 2024 release of the Borderlands movie and Borderlands 4.
The current state of Gearbox has led to some unfortunate employee layoffs. It's a tough situation to witness as the company's downfall has resulted in job losses for many individuals. However, it's clear that the outcome is directly related to Gearbox's performance in recent years.
The reality of life is that poor job performance ultimately leads to job loss. While it's disheartening to see employees suffer, the responsibility lies with the company's leadership. Let's hope for the best as we await the release of the Borderlands movie and game in 2024.
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