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  2. Current: Tag: Lars Wingefors

Tag: Lars-wingefors

News

Embracer Group’s Sales Take A 22% Drop, Though Kingdom Come: Deliverance II’s Success Has The Company Looking Positively At The Future

David Carcasole / February 15, 2025

Embracer Group’s sales took a 22% dip, but the success of Kingdom Come: Deliverance II has the company looking to the future more positively.

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News

Piranha Bytes, The Historic 27-Year-Old Studio Behind Gothic, Elex And Risen Has Reportedly Been Shut Down

David Carcasole / July 8, 2024

Pirahna Bytes, the 27-year-old studio behind classic’s like Gothic, Elex and Risen has reportedly been shut down by parent company Embracer Group.

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News

Embracer Group CEO Lars Wingefors Admits He’s Made Mistakes, Says “I’m Sure I Deserve A Lot Of Criticism”

David Carcasole / April 23, 2024

Embracer Group’s CEO Lars Wingefors admits that he’s made mistakes, says “I’m sure I deserve a lot of criticism,” in new interview.

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News

Head Of Saber Interactive Thinks Everyone Is Being Too Tough On Embracer Group, And We Should “Admire Them For Making Tough Decisions”

David Carcasole / April 10, 2024

Saber Interactive boss Matthew Karch believes everyone is being too harsh on Embracer Group and Embracer CEO Lars Wingefors.

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News

Embracer Group’s Restructuring Is Now Complete, CEO Says It’s “Too Early” To Consider Acquiring More Studios

David Carcasole / March 29, 2024

Embracer Group’s massive restructuring program that resulted in thousands of developers being laid off is now over, check out the details here.

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News

Embracer Group’s CEO Reportedly Confirms Free Radical Design Will Close Before The New Year

David Carcasole / November 28, 2023

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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News

Embracer Group Confirmed 15 Projects Were Cancelled As A Result Of It Laying Off 900 People

David Carcasole / November 20, 2023

Embracer Group laying off 900 people has resulted in 15 projects being cancelled, the company confirms, check out the details here.

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News

Embracer Group Doesn’t Deny That Free Radical Design Could End Up Closing

David Carcasole / November 16, 2023

Embracer Group chief executive officer doesn’t deny that Free Radical Design closing is a possibility as the company will continue to announce layoffs.

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News

Embracer Group Reveals 900 Job Losses Were Made During Its Second Quarter

Michael Harradence / November 16, 2023

Embracer Group reveals that 900 employees were let go during its second quarter, which ended September 2023.

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News

More Layoffs Will “Ultimately” Come From Embracer Group, Though CEO Is Looking For “Outside Investment” To Avoid “Some” Layoffs

David Carcasole / September 21, 2023

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.

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News

Embracer Group Reveals Huge Restructuring Program, Expects Studio Closures

Michael Harradence / June 13, 2023

Major restructuring plans are afoot at Embracer Group, company CEO Lars Wingefors has announced.

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News

Embracer Group CEO Says It’s Thinking ‘Decades Ahead’ With Lord Of The Rings IP

Michael Harradence / October 10, 2022

Embracer Group has long-term plans for The Lord of the Rings IP after acquiring it earlier this year.

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