Embracer Group Has Witten Down 15 Projects, With More Studio Closures & Buyouts Planned
Embracer Group’s ongoing restructuring program has seen some 15 unannounced titles written down, with more studio closures also planned.
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Payday 3 Performed Below Expectations At Launch, Says Embracer Group
Embracer Group has revealed that Payday 3 underperformed at launch due to various issues.
Embracer Group Reveals 900 Job Losses Were Made During Its Second Quarter
Embracer Group reveals that 900 employees were let go during its second quarter, which ended September 2023.
TimeSplitters Developer Free Radical Could Be Shuttered By Embracer Group
Free Radical Design could end up seeing its doors shut as Embracer continues its restructuring program.
The COO Of Embracer Group Announces Departure Following ‘Rough’ Year For Company
Embracer Group’s COO has announced that he departed the troubled company last week.
More Layoffs Will “Ultimately” Come From Embracer Group, Though CEO Is Looking For “Outside Investment” To Avoid “Some” Layoffs
Embracer Group is trying to find outside investment to help stop the bleeding of layoffs, though CEO Lars Wingefors admits that more layoffs will happen.
Embracer Group Layoffs Continue, This Time With Crystal Dynamics Being Hit
Embracer Group layoffs continue following its restructuring, this time hitting Crystal Dynamics, check out all the details for yourself here.
Embracer Group Is Reportedly Considering Selling Borderlands Developer Gearbox Software
A new report claims that Embracer Group is considering a number of options for Gearbox, including the possibility of selling the company.
Gearbox Has Made A Series Of Layoffs As Part Of Embracer Group’s Restructuring
Gearbox has made a series of layoffs as a result of Embracer Group’s restructuring after its $2 billion partnership deal with Saudi Arabia collapsed.
Saudi Arabia’s Savvy Games Reportedly The Partner Who Backed Away From Embracer Groups $2 Billion Deal That Fell Through
The mystery partner who backed out of Embracer Group’s failed $2 billion partnership deal is claimed to be the Saudia Arabia-funded Savvy Games.