Undead Labs Confirms Employee-Owned Studio Status
Undead Labs has announced its independence and is now operating as an employee-owned game development studio, according to GamesIndustry.biz.
Undead Labs has announced that it is now operating as an employee-owned game development studio. The confirmation was reported by GamesIndustry.biz on Wednesday.
The studio, known for the State of Decay series, stated that it has achieved independence. The announcement did not provide further details about the ownership structure or any changes to its operations.
Employee ownership means that the company is owned by its employees, typically through a trust or similar arrangement. This model can give workers a stake in the business and a say in its direction.
Undead Labs was previously acquired by Microsoft in 2018. It is unclear from the announcement how this new status affects its relationship with Microsoft or its existing projects. The studio has not released additional information beyond the initial statement.
Frequently asked questions
What does employee-owned mean?
Employee-owned means the company is owned by its employees, often through a trust or similar structure, giving them a stake in the business.
Will this affect State of Decay games?
The announcement did not specify any impact on existing or future games. No further details were provided.