2023 has develop into generally known as a yr of layoffs within the video games trade, and Embracer Group has been a giant a part of that.
After shedding roughly 900 folks on account of its restructuring since its $2 billion take care of Saudi Arabia’s Savvy Video games Group fell by, the corporate confirms that 15 initiatives have been cancelled.
These initiatives have been all unannounced, so it’s unclear what any of them may’ve been, although absolutely not less than one of many initiatives would’ve come from the now closed Volition Studio, the Saints Row developer.
“These are tough selections and we don’t take them flippantly.” stated Embracer Group chief government officer Lars Wingefors on the layoffs and cancellations.
Hopefully now that Embracer Group has gone by 900 folks, the bleeding will cease for now, although that continues to be little greater than a hope.
Particularly when it nonetheless appears up within the air that Timesplitters developer Free Radical Design might nonetheless shut, solely two years after it was reborn due to Embracer Group.
Supply – [GameReactor]
