After at least 1,400 layoffs, 7 studios closed, and 29 games canceled, Embracer CEO admits "I deserve a lot of criticism"
Although "it's been painful," Lars Wingefors says "I still believe in what we do"
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GamesAfter at least 1,400 layoffs, 7 studios closed, and 29 games canceled, Embracer CEO admits “I deserve a lot of criticism"When you purchase through links on our site, we may earn an affiliate commission.Here’s how it works.
GamesAfter at least 1,400 layoffs, 7 studios closed, and 29 games canceled, Embracer CEO admits “I deserve a lot of criticism"When you purchase through links on our site, we may earn an affiliate commission.Here’s how it works.
When you purchase through links on our site, we may earn an affiliate commission.Here’s how it works.
(Image credit: Crystal Dynamics)
Embracer Group CEO Lars Wingefors is taking the brunt of responsibility when it comes to the company’s most recent round of layoffs, studio closures, and game cancelations.
Amid an ongoing period of unprecedented volatility in the video game industry,Embracer laid off 1,400 employees,shuttered seven studios, and canceled 29 gamesover the course of about nine months in 2023. The …
