We hate to be the bearer of bad news today, but here we are. Embracer, the parent company of Volition, has closed the studio’s doors! This has been announced today by the studio most famously known for crafting the Saints Row franchise and has been around for the past 30 years.

Here’s the complete letter by the studio which was shared on the official Volition website but oddly enough, not on its Twitter.

“The Volition team has proudly created world-class entertainment for fans around the globe for 30 years. We’ve been driven by a passion for our community and always worked to deliver joy, surprise, and delight.

“This past June, Embracer Group announced a restructuring program to strengthen Embracer and maintain its position as a leader in the video game industry. As part of that program, they evaluated strategic and operational goals and made the difficult decision to close Volition effective immediately.

“To help our team, we are working to provide job assistance and help smooth the transition for our Volition family members. We thank our customers and fans around the world for all the love and support over the years. You will always be in our hearts.”

– Volition Games

The latest (and last) Volition game was the Saints Row reboot, which was released last year. While ambitious, it did get bog down by a multitude of technical problems. You can read our review of it here. With today’s studio closure, it’s no wonder Volition said they are not doing any work on a Saints Row 1 or 2 remake.

This is sad news to hear, and we here at MP1st hope everyone at Volition lands on their feet.