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
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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.
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Embracer-Owned Lost Boys Interactive Hit By “Massive” Layoff, 170 Reportedly Affected
Lost Boys Interactive is the latest Embracer-owned studio to be hit by layoffs. The move is a continuation of Embracer Group’s restructuring which was announced in June 2023.
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Embracer Writes Down 15 Projects, Mulls Further Layoffs, Studio Closures, And Buyouts
Embracer’s earnings presentation on Thursday, November 16, 2023, has spewed more information about the company’s restructuring program which began in June.