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2023 has turn into often called a yr of layoffs within the video games business, and Embracer Group has been an enormous a part of that.
After shedding roughly 900 folks because of its restructuring since its $2 billion cope with Saudi Arabia’s Savvy Video games Group fell by, the corporate confirms that 15 initiatives have been cancelled.
These initiatives had been all unannounced, so it’s unclear what any of them may’ve been, although absolutely at the least 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 evenly.” stated Embracer Group chief govt 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 because of Embracer Group.
Supply – [GameReactor]
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