Fishlabs to Lay off 50 Employees

Business

30 November 2023 13:11

According to recent reports, Fishlabs will lay off 50 employees. The parent company, Plaion, subsequently confirmed that the cuts will be a part of a restructuring effort. Established in 2004, Fishlabs, a Hamburg-based developer renowned for the Galaxy on Fire series, faced financial challenges in 2013, leading to the laying off of 25 employees. Plaion, formerly known as Koch Media, and now part of Embracer's operating group, Deep Silver, acquired the studio to facilitate its continued operations.

More: Embracer Group Goes Through Restructring

“We understand the profound impact of this decision on our talented team at Fishlabs and are committed to handling this transition with the utmost respect and care,” the company said in a statement. “To support those affected, Plaion is committed to providing comprehensive support, including severance packages as well help with career transition services.”

Tags: Fishlabs

Share:

Sources:

Report mistake Submit news

Related news

View All

Discord Might Have an IPO

Discord, the go-to chat platform for gamers and communities alike, has taken a major step toward going public. On January...

Business

Jan 08, 2026

New HyperX Headset Reads Your Mind

HyperX partnered with Neurable to integrate neuroscience into gaming with new products that use EEG sensors to track your brainwaves...

Business

Jan 06, 2026

Ubisoft Halifax to Unionize

Workers at Ubisoft’s Halifax studio have officially formed a union, marking a historic moment for the company in North America....

Business

Jan 06, 2026

RAM Prices Can Delay Console Releases

The cost of gaming is set to rise even further, with hardware prices expected to climb due to a growing...

Business

Dec 30, 2025

Fnatic Price Tag is $100m

Fnatic is reportedly exploring a potential sale that could value the iconic European esports organisation at up to $100m, according...

Business

Dec 22, 2025

Fishlabs to Lay off 50 Employees

Business

30 November 2023 13:11

Tags: Fishlabs

According to recent reports, Fishlabs will lay off 50 employees. The parent company, Plaion, subsequently confirmed that the cuts will be a part of a restructuring effort. Established in 2004, Fishlabs, a Hamburg-based developer renowned for the Galaxy on Fire series, faced financial challenges in 2013, leading to the laying off of 25 employees. Plaion, formerly known as Koch Media, and now part of Embracer's operating group, Deep Silver, acquired the studio to facilitate its continued operations.

More: Embracer Group Goes Through Restructring

“We understand the profound impact of this decision on our talented team at Fishlabs and are committed to handling this transition with the utmost respect and care,” the company said in a statement. “To support those affected, Plaion is committed to providing comprehensive support, including severance packages as well help with career transition services.”

Share:

Sources:

Report mistake Submit news