Starbreeze has said it is "thirsting for revenge" as its hunt for a Payday 3 publisher continues.

The Swedish company reported its 2020 financial results, which show a loss before tax of SEK 130.5m (£11.3m), compared to a loss of SEK 452.4m (£39.3m) in 2019.

The losses continue, but 2020 was an improved year for Starbreeze. It paid off a large proportion of its debts, and there is improvement from co-op shooter Payday 2. Starbreeze said by late December, Payday 2 had become the biggest game community on Steam, with 7.1 million members.

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Starbreeze has paid the majority of its creditors, it's said.

The company behind Payday completed payments during the fourth quarter as part of a plan established by the Stockholm District Court on December 6, 2019.

Starbreeze has been under threat ever since the disastrous launch of Overkill's The Walking Dead on Steam. The game flopped, causing severe financial issues and the acrimonious exit of boss Bo Andersson. Check out our feature, The fall of Starbreeze for more.

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Embattled Swedish video game company Starbreeze has said it will release Payday 3 in 2022-2023.

The claim comes as the company fights for survival amid a bruising reconstruction that has seen staff leave and subsidiaries sold off.

Starbreeze has been under threat ever since the disastrous launch of Overkill's The Walking Dead on Steam. The game flopped, causing severe financial issues and the acrimonious exit of boss Bo Andersson. Check out our feature, The fall of Starbreeze for more.

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Embattled Swedish studio Starbreeze has announced plans to cut 60 jobs as part of its fight to stay afloat.

The company behind the Payday franchise said it took the decision "to make the organisation more efficient and reduce costs", and "to be able to operate an efficient and profitable business long-term".

The layoffs, due to happen in November, will result in a saving of 3m SEK ( 250,000) a month. Starbreeze currently has 240 employees.

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