Embracer Exec Says Headcount Reduction Process Has Been Agonizing but Necessary
"It's something that Embracer really feels for".
Embattled publisher Embracer Group announced back in June that layoffs, cancellations and closures would be required in order to continue operations after apparently vastly overextending. Estimated, then, to employ 17,000 staff across dozens of studios, with ambitions to release some 234 games before March 2026; by September, 900 had been laid off, and that number is expected to rise.
Speaking to GamesIndustry.biz, Phil Rogers, interim chief strategy officer and CEO of the operating group that includes Crystal Dynamics and other Western studios, says that the company is making "good progress" in its efforts to right the ship.
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