Looks like the developers of the TimeSplitters game, the Embracer Group is undergoing a bit of a restructuring drive, as well as a cost cutting drive at the moment, which can only mean one thing – The much awaited TimeSplitters remake may not be happening for a while.
In the last three months, the Embracer Group has reduced their workforce by around 900 people, but they didn’t stop there. They went ahead and laid off 50 workers from FishLabs as well. Coming to the Free Radical Group, the developer group responsible for the TimeSplitters remake, it looks like the entire group may be in trouble as the Embracer group has hinted that they may be shutting the whole group as early as December 11th.