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Vermila Studios Lays Off Staff and Faces Possible Shutdown

Financial strain forced the company to start a formal redundancy process that leaves its future at risk.

Overview

  • Employees at the Madrid studio reported they were let go on July 22 after Vermila initiated an Expediente de Regulación de Empleo (ERE), Spain’s formal redundancy process.
  • CEO David Carrasco confirmed the cuts and said the company has dispensed with its staff for financial reasons while warning that a full shutdown is a feasible possibility in the coming months.
  • Multiple outlets and former employees corroborated the layoffs and one report put the number of roles affected at 19, a figure described as limited reporting rather than a full company tally.
  • Vermila developed Crisol: Theater of Idols, a Blumhouse Games–published title released on February 10 that earned generally positive reviews (about a 74 Metacritic score) but did not secure the commercial traction needed to stabilize the studio.
  • The studio’s 2020 acquisition and later separation from Embracer Group form part of its financial background and the layoffs leave former staff without jobs while the industry watches for company filings, publisher support, or a potential restart.