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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
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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.Â
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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.
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PlayStation Visual Arts Developers Hit By The Sweeping Layoff Wave
The layoff storm blowing through the gaming industry is far from over. The latest studio that was impacted is PlayStation Visual Arts.