This is the best summary I could come up with:

“As a part of that program, they evaluated strategic and operational goals and made the difficult decision to close Volition effective immediately.”

Back in June, Embracer Group announced this restructuring program after the news broke that a $2 billion investment deal with the company had fallen through.

As a result of the deal’s failure, Embracer said that it would restructure the company, including pausing development on some games, reducing spending, and selling off or shutting down studios.

Volition was founded back in 1993 as Parallax Software, developers of the Descent series of video games.

In 1996, it adopted the name Volition before creating the Summoner, Red Faction, and Saints Row franchises.

Volition closed the announcement by saying it would help impacted employees try to find new jobs and with a message for fans.

The original article contains 324 words, the summary contains 133 words. Saved 59%. I’m a bot and I’m open source!