News
Embracer Groups Is Breaking Into 3 Independent Publicly Listed Entities
Embracer Group announced a “transformative step” today that will see the group split into three companies.
News
Embracer May Start Acquiring Studios Again, But It’s “Too Early”
The divestment of Gearbox Entertainment marked the end of Embracer’s restructuring which started in June 2023.
News
Smilegate Barcelona Has Shut Down And Laid Off All Its Employees
Smilegate Barcelona was an AAA open-world games studio based in Barcelona opened by Lost Ark creators, Smilegate, in 2019.
News
Embracer Has Now Cut 1,387 Roles With Q3 Results Lower Than Expected
Embracer Group has presented its third-quarter earnings report. Key among other revelations of the report is that the Swedish conglomerate has cut a further 483 roles
News
Embracer Strikes Again At Eidos Montreal, 97 People Laid Off, Unannounced Deus Ex Game Canceled
Embracer’s restructuring hammer has fallen on Eidos Montreal. At least 97 people were impacted by the layoff. Also, an unannounced Deus Ex title was canceled.