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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.
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GTA Parent Company, Take2 Interactive, Will Lay Off 5% In Its Cost Reduction Plan
Take2 Interactive has announced that it plans to cut around 5% of its workforce or around 600 roles.
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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.
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Gearbox Entertainment And Take-Two Interactive Merger Led To Layoffs
Hours after the announcement that Embracer has divested Gearbox Entertainment, layoff posts started flooding social media.
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Players Are Bashing Star Wars: Battlefront Classic Collection For Server Issues And More
Developed and published by Aspyr, it almost feels as if Star Wars Battlefront was accidentally launched.
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Saber Interactive Assets Sold For $247 Million As Embracer Withdraws From Russia
Earlier this month, people started discovering the removal of Embracer mentions from Saber Interactive’s website.
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Starbreeze Fires CEO Over Payday 3’s Poor Performance, Payday 2 Still Performs 85X Better
Payday 3 was not the hit sequel that Starbreeze Entertainment had hoped for, and the CEO Tobias Sjögren has taken the fall.
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Canceled TimeSplitters Next Footage And Alleged TimeSplitters 4 Prototype Gameplay Surfaces Online
The former head of arts at the now-defunct studio, posted a 5-minute gameplay of the canceled TimeSplitters Next game on his LinkedIn account.
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Embracer Put Saber Interactive Up For Sale For $500 Million, Close To Gearbox Sale
Embracer Group’s restructuring is far from over and continues to cause a major shakeup in the gaming industry.
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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