Developers from the now-closed Swedish studio have formed a new company called “Whiteout”. According to the team, they’re working on a new project powered by the CryEngine 3, and that the game is already in a playable stage. Former GRIN developers have also formed other studios: Outbreak Studios and Might & Delight, both based in Sweden.

Swedish developer GRIN, who completed the recent Bionic Commando, is rumored
to be laying off over 100 employees in the near future. The studio headquarters in Sweden will reportedly lay off 30 staffers, while the Barcelona and Gotenburg studios will be shut down altogether. In total, the amount of staff laid off is rumored to be around 100 to 160 employees. GRIN has yet to comment on the rumors.

Besides Bionic Commando, GRIN developed Wanted: Weapons of Fate an Terminator Salvation.