News
Embracer Sheds 2 More Studios To Improve Profitability
Embracer Group has announced the divestment of two more companies under its portfolio, Arc Games and Cryptic Studios.
News
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.
News
Embracer Has Sold Part Of Gearbox Entertainment To Take-Two Interactive For $460 Million
Gearbox Entertainment, the developer of Borderlands, was one of the companies Embracer marked for sale as part of its restructuring program
News
Cryptic Studios Confirm Layoffs Was Due To Embracer Restructuring
It started with shocking Bungie layoffs and is ending with Cryptic Studios announcing personnel changes—which technically meant layoffs.