News
NetEase May Reportedly Shutdown More Than A Dozen Studios
NetEase is going through a reform that could see over a dozen studios either being shut down or layoff employees.
Opinion
With 2 Months Left, Steam Has Broken Last Year’s Annual Game Release Record. The Implications For Indie Developers
The number of Limited Games uploaded on Steam has spiked since 2018, indicating an increase in the number of indie games poured into the platform.
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
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.
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
Ex-Volition Games Devs Form Shapeshifter Games, Winds Up Clockwork Revolution
Members of the defunct studio teamed up to form Shapeshifter Games. Posts from people mentioning they landed new roles at the studio started popping up on LinkedIn 3 months ago.
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.
News
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.
News
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.
News
Embracer Group Confirms Layoff Of 900 Employees In Q2 In Earnings Presentation
For the first time, gamers have learned about the scale of the impact of Embracer Group’s restructuring drive. Lars Wingefors, the company’s co-founder and CEO disclosed this in his opening remark at the company’s second-quarter earnings presentation on Thursday, November 16, 2023.