Swedish developer Toadman Interactive has shut down its offices in Stockholm, Visby and Oslo.
In a post on LinkedIn, the company wrote that some staff at its Berlin studio are also at risk.
“Like many other game companies, we have gone through a tough period over the last 12 months, and, unfortunately, that means that we are shutting down our offices in Stockholm, Visby, and Oslo, as well as having some redundancies in our Berlin studio.”
Toadman Interactive is founded back in 2013 and has developed its own titles – such as Immortal: Unchained – but has also contributed to the likes of Vermintide and Dead Island 2 as a co-development partner.
In 2020, Toadman formed a new parent company called Enad Global 7 (EG7)
As reported by Game Developer, the firm reported that Toadman has had a hard time with its work-for-hire business, while its own title – EvilvEvil did not perform as well as it had hoped commercially or critically.
In its most recent financials, Toadman is reported as having 111 employees; it’s not clear how many will be impacted by these job cuts.
