Gothic dev Piranha Bytes surrounded by closure rumors as part of Embracer cuts

Update (January 23, 2024): Piranha Bytes have released a statement that confirms the studio's precarious position.  "Yes, it's true," the studio wrote. "We, Piranha Bytes, are in a difficult situation." There is a strong theme of hope in the statement as well, though: "There are a lot of news about us circulating right now and this is out answer: Don't write us off yet!" The statement reiterated the team's passion and determination to keep making video games, but it revealed that Piranha Bytes seemingly lost the backing of THQ Nordic and Embracer. "Now, we are focusing on this goal with all our strength and do whatever it takes to find a partner for this project," the post said. Original (January 18, 2024): Even if you only tangentially follow the industry-related side of gaming, you’ll know that Swedish gaming giant Embracer Group is executing a big cost reduction program at the moment. Some studios have been closed down entirely, others had to deal with layoffs – and with Embracer as the biggest provider o