• Skip to main content
  • Skip to header right navigation
  • Skip to site footer
Gameranx

Gameranx

Video Game News, Lists & Guides

  • News
  • Features
  • Platforms
    • Xbox Series X
    • PS5
    • Nintendo
  • Videos
  • Upcoming Games
  • Guides

Embracer Layoffs Hit TMNT The Last Ronin Studio Black Forest Games, And Piranha Bytes Could Shut Down

January 25, 2024 by Ryan Parreno

Both studios are two of the largest in Germany, potentially devastating the game industry in the country.

Embracer’s latest round of layoffs affect two studios, one of which had just been announced to be working on a major AAA.

Black Forest Studios was announced as the studio working on a video game adaptation of IDW comic book TMNT The Last Ronin. Paramount Global, who has nascent ambitions of expanding in the video game space, have set THQ Nordic as the publisher, and confirmed its platforms on Windows, PlayStation 5, and Xbox Series X|S.

Black Forest Games is a German studio, founded in 2012 as a successor to the just dissolved Spellbound Entertainment. It is best known for making the Giana Sisters revival, and most recently, worked on the Destroy All Humans! remakes.

As of 2023, the company had 110 employees. As reported by Video Games Chronicle, it is set to lay off approximately half of its staff, though management and creative directors will keep their jobs.

Piranha Bytes is another studio under THQ Nordic, and it’s in an even more dire state, as they just confirmed the company could close its doors.

In a message on Twitter, Piranha Bytes said this:

“Dear fans, yes, it’s true. We, Piranha Bytes, are in a difficult situation. There are a lot of news about us circulating right now and this is our answer: Don’t write us off yet!

We do everything to continue creating worlds in which you can lose yourself. This is what our hearts have always beaten for. We are convinced that we will succeed. We are creative minds and there’s no lack of ideas! We stick together, no matter what.

Now, we are focussing on this goal with all our strength and do whatever it takes to find a partner for this project. As soon as there are any news, we will share them with you. Thank you very much for your continuous support.”

As reported also by Video Games Chronicle, the studio was told by THQ Nordic that can keep their key IP, the science fiction RPG ELEX, if they can find a new publisher or even an owner so that they can keep on operating.

Piranha Bytes made their name in the 2000s with the action RPG franchises Gothic and Risen, many of which received ports to the Nintendo Switch. Their latest title, ELEX II, released in 2022 for Windows, PlayStation 4, PlayStation 5, Xbox One, and Xbox Series X|S.

Piranha Bytes and Black Forest Games are two of the biggest video game studios based in Germany, so all of this is devastating to that country’s video game industry. GameRanx wishes the best for the outgoing developers at Black Forest Games, and hope Piranha Bytes find their new owner or publisher.

Share this post:

FacebookTwitterLinkedInPinterest

Recent Videos

10 Video Game Graphics That STILL Hold Up

10 Video Game Graphics That STILL Hold Up

The Best cRPG Ever Made?

The Best cRPG Ever Made?

20 Things Developers Knew WE WOULD TRY

20 Things Developers Knew WE WOULD TRY

WHY CRIMSON DESERT LOOKS THIS GOOD & MORE

WHY CRIMSON DESERT LOOKS THIS GOOD & MORE

10 TERRIBLE Games That Are Absolutely Hilarious

10 TERRIBLE Games That Are Absolutely Hilarious

John Carpenter's Toxic Commando - Before You Buy

John Carpenter's Toxic Commando - Before You Buy

20 Best Games of 2015-2025 YOU NEED TO REVISIT

20 Best Games of 2015-2025 YOU NEED TO REVISIT

10 Dumb & SECRET Things FOUND In Resident Evil 9: Requiem

10 Dumb & SECRET Things FOUND In Resident Evil 9: Requiem

IS Control Resonant The BIGGEST SURPRISE of 2026?

IS Control Resonant The BIGGEST SURPRISE of 2026?

Category: UpdatesTag: Black Forest Games, Embracer Group, Nintendo Switch, PC, Piranha Bytes, PS4, PS5, thq nordic, Xbox One, Xbox Series X/S

Sidebar

Recent Posts

  • Embark Studios Promises To Review ARC Raiders Bans For Players Using “Accessibility Peripherals”
  • Sony Bend Studio Working On Their Next “High Profile AAA Console Title”
  • The DLSS5 Memes Are Here – Gamers Make Fun Of Gen AI And Nvidia At The Same Time
  • GTA 6 Gets Terms of Transaction Page In Xbox Store
  • Fake GTA 6 Leak Creator Reveals How They Made Easily Debunked Forgery

Copyright © 2026 · Gameranx · All Rights Reserved · Powered by Mai Theme