Embracer Group’s CEO Lars Wingefors has reportedly confirmed that Free Radical Design will be shuttered before the new year, check out the details here.
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Developer Fishlabs is reportedly the latest casualty in Embracer Group’s ongoing restructuring program.
A key executive at Embracer Group has reflected on the major losses at the company, acknowledging them as significant but necessary.
Embracer Group laying off 900 people has resulted in 15 projects being cancelled, the company confirms, check out the details here.
Embracer Group chief executive officer doesn’t deny that Free Radical Design closing is a possibility as the company will continue to announce layoffs.
Embracer Group’s ongoing restructuring program has seen some 15 unannounced titles written down, with more studio closures also planned.
Embracer Group has revealed that Payday 3 underperformed at launch due to various issues.
Embracer Group reveals that 900 employees were let go during its second quarter, which ended September 2023.
Free Radical Design could end up seeing its doors shut as Embracer continues its restructuring program.
Embracer Group’s COO has announced that he departed the troubled company last week.