Embracer has reduced its workforce by over 1800 people in the past year (www.eurogamer.net)
from Agent_Karyo@lemmy.world to games@lemmy.world on 20 Jun 13:51
https://lemmy.world/post/31715446

#games

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MyDarkestTimeline01@ani.social on 20 Jun 14:27 next collapse

As much as that blows, it does make sense. They bet everything on being bought out and when that fell through they were massively overextended.

Agent_Karyo@lemmy.world on 20 Jun 14:35 collapse

Except for the fact that the CEO wasn’t fired even though he made a comically lazy and incompetent mistake (going on a buying spree before confirming that the investment would go through).

MyDarkestTimeline01@ani.social on 20 Jun 14:56 next collapse

Buddy, this isn’t the navy. The captain isn’t going down with the ship. As much as we would all want or hope for them to. If anything, them chopping their workforce down will be seen as them improving the value of the company. The investors are who they actually answer to. And they are going to want them to make them money before they pull out all their investments and crater all those studios.

ampersandrew@lemmy.world on 20 Jun 14:56 collapse

Wasn’t he fired? Or “stepped down” 9-10 days ago? That’s like the public company version of being fired.

Agent_Karyo@lemmy.world on 20 Jun 15:19 collapse

I wasn’t aware. He is stepping down, but only after the company will be split into 3 parts.

Funny stuff!

catloaf@lemm.ee on 20 Jun 16:17 collapse

So much for embracing

VagueAnodyneComments@lemmy.blahaj.zone on 20 Jun 14:29 next collapse

embracer and their ilk ruined games development for everyone who just wanted a job and not to have to put together an entire indie studio

the damage they’ve done to the industry and the middle class is incalculable in its immensity

there are fewer good games and drastically fewer good jobs because of Embracer

Walican132@lemmy.today on 20 Jun 18:50 collapse

Wow I’m not familiar with them at all. Where can I go to read some not fluff pieces on them?

VagueAnodyneComments@lemmy.blahaj.zone on 20 Jun 21:46 collapse

just look up their acquisitions and then look up what happened to those studios

en.wikipedia.org/wiki/Embracer_Group#Rebranding_a…

zecg@lemmy.world on 20 Jun 15:10 next collapse

Embracer extended, now it’s extinguishing

supersquirrel@sopuli.xyz on 20 Jun 19:05 collapse

well

<img alt="" src="https://sopuli.xyz/pictrs/image/2d4a7b5c-91d2-434f-a409-12b89a0fb0f4.webp">