Saints Row studio Volition has been closed 'immediately' as part of Embracer's restructuring plan

The 30-year-old studio has fallen victim to Embracer's financial troubles.

"The closure of Volition is a part of the restructuring program we announced on the 13th of June," an Embracer rep said in an email sent to PC Gamer."We are thankful for Volition's 30 years of creating world-class entertainment for fans around the globe. Naturally, It is a challenging time for everyone impacted and we are working with those team members with compassion, respect, and integrity.

"The financial effects related to Volition’s closing will not be specified separately, but rather as part of our overall communication on the progress of the program. This will be shared on a regular basis, in connection with Embracer quarterly reports or otherwise, as required by applicable legislation. Our next quarterly report will be published on the 16th of November.

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