The layoffs are just the latest in a series of serious financial setbacks for the Swedish developer, which has been selling its publishing rights and making cuts in an attempt to stay afloat.
The publisher is leaning into its reliance on the six-year-old Payday franchise while selling off almost everything else to its name.
This marks the third publishing deal that Starbreeze has had to sell back to the developer in the pursuit of financial solvency.
After poor sales and reconstruction efforts, Starbreeze's Walking Dead game was removed from Steam today following Skybound's termination of its licensing contract.
The Swedish publisher continues to flounder in the face of massive corporate restructuring.
The Swedish publisher has had a rough few months and is still in the process of 'restructuring.'
A new report sees former CEO Bo Andersson Klint cleared in ongoing investigation.
Something strange is happening in Sweden.
Following a Q3 plagued by losses and low sales of Overkill's survival game set in the Walking Dead world, Starbreeze Studios' board of directors has ordered the publisher to cut costs.