Embracer cut ties with more than 4,500 employees and cancelled 80 projects over the past year

Embracer Group reduced its headcount by 27 percent, shedding 4,532 employees over the past year while canceling 80 game projects and selling off two major subsidiaries. Despite the challenging restructuring, the company saw significant net sales growth in various segments and is now looking towards a new chapter with a focus on key IPs and [...]

from FunFect Games https://funfect.games/embracer-cut-ties-with-more-than-4500-employees-and-cancelled-80-projects-over-the-past-year/