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Agent Karyo@lemmy.world to Games@lemmy.worldEnglish · 10 days ago

Embracer has reduced its workforce by over 1800 people in the past year

www.eurogamer.net

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Embracer has reduced its workforce by over 1800 people in the past year

www.eurogamer.net

Agent Karyo@lemmy.world to Games@lemmy.worldEnglish · 10 days ago
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Embracer Group has reduced its workforce by over 1800 people in the past year.
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  • VagueAnodyneComments@lemmy.blahaj.zone
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    10 days ago

    embracer and their ilk ruined games development for everyone who just wanted a job and not to have to put together an entire indie studio

    the damage they’ve done to the industry and the middle class is incalculable in its immensity

    there are fewer good games and drastically fewer good jobs because of Embracer

    • Walican132@lemmy.today
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      10 days ago

      Wow I’m not familiar with them at all. Where can I go to read some not fluff pieces on them?

      • VagueAnodyneComments@lemmy.blahaj.zone
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        10 days ago

        just look up their acquisitions and then look up what happened to those studios

        https://en.wikipedia.org/wiki/Embracer_Group#Rebranding_as_Embracer_Group_and_rapid_growth_(2019–2022)

  • zecg@lemmy.world
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    10 days ago

    Embracer extended, now it’s extinguishing

  • supersquirrel@sopuli.xyz
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    10 days ago

    well

  • MyDarkestTimeline01@ani.social
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    10 days ago

    As much as that blows, it does make sense. They bet everything on being bought out and when that fell through they were massively overextended.

    • Agent Karyo@lemmy.worldOP
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      10 days ago

      Except for the fact that the CEO wasn’t fired even though he made a comically lazy and incompetent mistake (going on a buying spree before confirming that the investment would go through).

      • ampersandrew@lemmy.world
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        10 days ago

        Wasn’t he fired? Or “stepped down” 9-10 days ago? That’s like the public company version of being fired.

        • Agent Karyo@lemmy.worldOP
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          10 days ago

          I wasn’t aware. He is stepping down, but only after the company will be split into 3 parts.

          Funny stuff!

          • catloaf@lemm.ee
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            10 days ago

            So much for embracing

      • MyDarkestTimeline01@ani.social
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        10 days ago

        Buddy, this isn’t the navy. The captain isn’t going down with the ship. As much as we would all want or hope for them to. If anything, them chopping their workforce down will be seen as them improving the value of the company. The investors are who they actually answer to. And they are going to want them to make them money before they pull out all their investments and crater all those studios.

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