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Swedish gaming giant Embracer confirms laying off of 900 employees, shut down 15 games K L GADTON24 GRTVE 265KiB, 679x1366, Swedish gaming giant Embracer confirms laying off of 900 employees shut down 15 games.png View Same Google ImgOps Sauce NAO Swedish gaming giant Embracer [325/48/163] confirms laying off of 900 employees, shut down 15 games Anonymous Mon 20 Nov 2023 04:36:51 No.658074692 View Original Report Quoted By: >>658075150 >>658075305 >>658075430 >>658075445 >>658075453 >>658075526 >>658076461 >>658078409 >>658078505 >>658078598 >>658078602 >>658078623 >>658078660 >>658078982 >>658079367 >>658079854 >>658079924 >>658080114 >>658080216 >>658080330 >>658080982 >>658081152 >>658081814 >>658082112 >>658082398 >>658082489 >>658083696 >>658083872 >>658083992 >>658084218 >>658084252 >>658084514 >>658085428 >>658085485 >>658086330 >>658086486 >>658086525 >>658088671 >>658091413 >>658091482 >>658094752 >>658095431 >>658095639 >>658097603 >>658099390 >>658099578 >Saint's Row studio Volition has had to close down completely, while Tomb Raider developers Crystal Dynamics have been forced to lay off 10% of their workforce too. >There are also rumours that Free Radical Design have all been fired and the new Timesplitters has been shut down by Embracer. >This while Dead Island 2 made a profit after being in development hell for several years, and Payday 3 is already making a profit despite a troubled launch.

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Trent Kusters @TrentKusters i hate this part in the boss fight START PressStartAustralia @PressStartAU Apr 22 Embracer Group Has Announced It's Splitting Into Three Separate Companies press-start.com.au/news/2024/04/2... : EMBRACER⭑ GROUP . 2:30 AM Apr 22, 2024 185.1K Views

Grummz @Grummz It's true what they say. Gaming was hijacked by non- gamers once the money got good. AAA is filled with CEOs who have no idea what gamers really want but who are really good at monetization ...in the short term. 2:48 PM Jan 29, 2024 307.8K Views

Geoff Keighley ♥ @geoffkeighley Square Enix has sold Crystal Dynamics, Eidos Montreal and Square Enix Montreal to Embracer + IPs Tomb Raider, Deus Ex and Legacy of Kain. Square said deal "enables the launch of new businesses by moving forward with investments in fields including blockchain, Al, and the cloud." SQUARE ENIX® : 10:28 AM -May 2, 2022

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Free Radical is gong to get re-killed by Embracer that revived it in the first place.

Embracer's TimeSplitters studio Free Radical faces closure THE UN-BASED DEVELOPER WAS RE-ESTABLISHED JUST TWO YEARS AGO TO REVIVE THE CLASSIC FPS SERIES 700KiB, 892x761, kuva_2023-11-08_174501901.png View Same Google ImgOps SauceNAO faces-closure/ Anonymous Wed 08 Nov 2023 10:45:46 No.656827851 View Original Report Quoted By: >>656828165 >>656828187 >>656828354 >>656828431 >>656828783 >>656828917 >>656829132 >>656829559 >>656830176 >>656830828 >>656833350 >>656833463 >>656834289 >>656836058 >>656836261 >>656836936 >>656837078 >>656837207 >>656837318 >>656842280 >>656842365 >>656842446 >>656843625 [125/27/72] Free Radical is gong to get re-killed by Embracer that revived it in the first place. https://www.videogameschronicle.com/news/e mbracers-timesplitters-studio-free-radical-

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>layoffs at Gearbox >Tomb Raider studio is bleeding employees >Knights of the Old Republic Remake cancelled >Saints Row developers closed three months ago >Embracer considering to sell Gearbox

Embracer COO confirms departure following 'rough' year for the games giant THE HOLDING COMPANY HAS BEEN CUTTING JOBS ACROSS ITS COMPANIES EMBRACER+ GROUP 74KiB, 895x740, Embracer Group COO Departs.png View Same Google ImgOps SauceNAO ago >Embracer considering to sell Gearbox Is it over for Embracer? Anonymous [74/10/50] Mon 06 Nov 2023 08:09:37 No.656580506 View Original Report Quoted By: >>656580639 >>656582014 >>656582108 >>656582209 >>656582580 >>656584529 >>656584563 >>656585201 >>656585283 >>656585769 >>656586106 >>656586204 >>656586506 >>656587526 >>656587631 >>656588554 >>656591051 >>656591067 >>656591087 >>656591252 >>656593990 >layoffs at Gearbox >Tomb Raider studio is bleeding employees >Knights of the Old Republic Remake cancelled >Saints Row developers closed three months Why did they spend these past few years buying up so many companies and IP if this is the end result?

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NEWS: Embracer has shut down Onoma, formerly Square Enix Montreal, which announced its new name just 3 weeks ago

Jason Schreier @jasonschreier NEWS: Embracer has shut down Onoma, formerly Square Enix Montreal, which announced its new name just 3 weeks ago. Also: - Some Onoma staff will move to Eidos Montreal - Eidos canceled an unannounced game - Eidos working with Xbox on games like Fable Scoop: SWITCH Embracer Group Shuts Down Montreal Video Game Studio From bloomberg.com 2:35 PM Nov 1, 2022 :

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Embracer says its ‘crazy’ spend on platform fees exceeds its spend on game development.

VGC VGC @VGC News Embracer says its 'crazy' spend on platform fees exceeds its spend on game development. vgc.news/news/embracer-... 12:44 PM . Sep 21, 2023 · 25K Views :

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Embracer is considering selling Gearbox Software and has received interest from third parties, according to Reuters.

Shinobi602 @shinobi602 Embracer is considering selling Gearbox Software and has received interest from third parties, according to Reuters. Embracer acquired Gearbox for $1.4B back in 2021. Via: marketscreener.com/quote/stock/EM... EMBRACER* gearbox GROUP 8:47 AM - Sep 11, 2023 285K Views ...

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JUST IN: Volition is officially dead. Murdered in cold blood by Embracer

161 KiB, 500x340, 1671528120725671.png View Same Google ImgOps SauceNAO JUST IN: Volition is officially dead. [168 / 34 / 92] Murdered in cold blood by Embracer. Anonymous Thu 31 Aug 2023 15:46:14 No.649133275 View Original Report Quoted By: >>649133386 >>649133552 >>649133571 >>649133578 >>649135942 >>649136305 >>649138352 >>649139252 >>649139376 >>649140271 >>649140826 >>649140829 >>649141476 >>649145440 >>649145478 >>649145685 >>649145765 >>649146535 >>649147447 >>649148163 >>649148330 >>649148475 >>649148567 >>649148816 >>649149336 >>649150289 >>649150507 >>649150648 >>649151497 >>649151858 >>649151920 >>649152420 >>649153097 >>649153141 >>649158168 >>649158380 >>649159357 >>649160442 What we've lost forevermore: Red Faction series, Descent series, Saints Row series, Summoner series. We've lost all of this after the single fiasco of Saint Row's nu-wokeboot (literally a single largest mistake Volition ever did, in their entire 30 years-long history of existence and portfolio). Press F to pay respects, /v/nons. It's all ogre. F--- you, Embracer.

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Embracer is closing down Volition, the 30 year old studio behind classics like Red Faction and Saint's Row.

Shinobi602 @shinobi602 Embracer is closing down Volition, the 30 year old studio behind classics like Red Faction and Saint's Row. volition "The Volition team has proudly created world-class entertainment for fans around the globe for 30 years. We've been driven by a passion for our community and always worked to deliver joy, surprise, and delight. "This past June, Embracer Group announced a restructuring program to strengthen Embracer and maintain its position as a leader in the video game industry. As part of that program, they evaluated strategic and operational goals and made the difficult decision to close Volition effective immediately. "To help our team, we are working to provide job assistance and help smooth the transition for our Volition family members. We thank our customers and around the world for all the love and support over the years. You will always be in our hearts." - Volition Games Last edited 12:41 PM · Aug 31, 2023 · 940.4K Views

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Why is Embracer dying already?

IGN FIGN Embracer Group has begun closing studios, including developer Campfire Cabal, which was formed in September of last year. bit.ly/47duUxx EMBRACER+ GROUP 3:31 PM-Aug 4, 2023-115K Views 19 Hebwerts 5Quotes 101 107KiB, 516x593, 1668585485932901.png View Same Google ImgOps SauceNAO 7:Bookmar Anonymous Sun 06 Aug 2023 01:34:39 No.646445627 View Original Report Quoted By: >>646445883 >>646445985 >>646446404 >>646446536 >>646446641 >>646446665 >>646446790 >>646447023 >>646447448 >>646448020 >>646448790 >>646448914 >>646449161 >>646450252 >>646450958 >>646451191 >>646452880 >>646453786 >>646456070 >>646456505 >>646456763 >>646457001 Why is Embracer dying already? Anonymous Sun 06 Aug 2023 01:39:01 No.646445883 Report Quoted By: >>646446698 [83 / 12 / 62] >>646445627 Because they bought s--- ton of IPs and did nothing with them.

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Embracer Group Is Starting to Close Studios After Losing Out on Deal Worth Billions

EXPEDITIONS: ROME Embracer Group Is Starting to Close Studios After Losing Out on Deal Worth Billions Embracer announced in June it was closing down studios and laying off staff as the company restructures. BY TAYLOR LYLES UPDATED: AUG 4, 2023 3:50 PM POSTED: AUG 4, 2023 3:40 PM Embracer Group has shut down Campfire Cabal as the company begins closing down some of its development studios after announcing a few months back that a deal worth $2 billion fell through. The news was first made on LinkedIn (spotted by X user @bogorad 222) by Bruno-Christian Belibou, who, according to his LinkedIn account, was an Executive Producer at the studio before its closure.

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>Embracer is fucked We’ll never see his story get concluded

Deus Ex May Return Under Embracer, Eidos Wants to "Do What Cyberpunk 2077 Couldn't" Nathan Birch Aug 5, 2022, 04:32 PM EDT 1 MiB, 1242x1309, A925C3CA-8688-491A-9CC4- 0B83D6CD3A05.jpg View Same Google ImgOps SauceNAO Anonymous Sun 02 Jul 2023 22:41:05 [84 / 12 / 49] No.642795660 View Original Report Quoted By: >>642795946 >>642795970 >>642796098 >>642796230 >>642796578 >>642797843 >>642798486 >>642800694 >>642803917 >>642803980 >>642804246 >>642804475 >>642805381 >>642806952 >>642807121 >>642808424 >>642810381 >>642811314 >Embracer is f----- We'll never see his story get concluded Anonymous Sun 02 Jul 2023 22:42:27 No.642795763 Report Quoted By: >>642796092 >>642796126 he died at the end of HR, make a new character

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Embracer, owner of IPs like Saints Row, Borderlands, Dead Island, Tomb Raider and Deus Ex, is having some problems.

Derek Strickland Denketak Follow Embracer Group is restructuring to reduce costs. This will lead to layoffs, studio closures, and project cancellations Hotecting eduction www + Openeng DAS Adre 1:07 AM Jun 11, 2023 Reply of Wyatt +Confcoop WALL OMP Copy link to Tweet Raad 11 repiles Reden of in on w ge You stup prist of compoup M toat year/1100-6514494/ de ch WHI ng 574KiB, 901x902, embracer group.png View Same Google ImgOps SauceNAO Anonymous Tue 13 Jun 2023 04:10:34 No.640547605 [516/64/269] View Original Report Quoted By: >>640548027 >>640548073 >>640548131 >>640548214 >>640548226 >>640548524 >>640548539 >>640548554 >>640548662 >>640548909 >>640549331 >>640549385 >>640549889 >>640549980 >>640550689 >>640550760 >>640550901 >>640551036 >>640551180 >>640551413 >>640551613 >>640551969 >>640552361 >>640555032 >>640555683 >>640556704 >>640556789 >>640556898 >>640557025 >>640561959 >>640563354 >>640564196 >>640564632 >>640564635 >>640565247 >>640565645 >>640565859 >>640565887 >>640566607 >>640566896 >>640567697 >>640567940 >>640568593 >>640568892 >>640569723 >>640570019 >>640570820 >>640570862 >>640571027 >>640571181 >>640571604 >>640571907 >>640572243 >>640572306 >>640573586 >>640578072 >>640578348 >>640578873 >>640583769 >>640584007 >>640584748 >>640585174 >>640585229 >>640585857 >>640586783 >>640587050 >>640587802 >>640588194 >>640588284 >>640589395 >>640590681 >>640591319 >>640591918 >>640592016 >>640593214 >>640593916 >>640594686 >>640595023 >>640596936 >>640598770 >>640598785 Embracer, owner of IPs like Saints Row, Borderlands, Dead Island, Tomb Raider and Deus Ex, is having some problems. https://embracer.com/releases/open-letter-by-embracer-group-ceo-on-restructuring-program/ https://www.gamespot.com/articles/embracer-group-loses-undisclosed-2-billion-deal-amid-challenging- https://www.theverge.com/2022/8/18/23311529/what-is-embracer-group-lord-of-the-rings-acquisition

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Embracer Group is restructuring to reduce costs. This will lead to layoffs, studio closures, and project cancellations.

Derek Strickland @DeekeTweak Embracer Group is restructuring to reduce costs. This will lead to layoffs, studio closures, and project cancellations. Actions will cover, but are not limited to: • Matthew Karch appointed interim Chief Operating Officer, and Phil Rogers appointed interim Chief Strategy Officer, to co-lead the program planning and implementation . Reduction of general overhead, corporate, publishing and SG&A costs • The closing of studios and termination of projects, that have not yet been announced and with low projected returns • Creation of a more comprehensive, centralized process for game investment and progress review, while maintaining creative freedom • Consolidation of companies and businesses, including review of operative group structures • Reduction of investments into external development with greater focus on internal development based on owned or controlled IP • Increased external funding of internally developed, large-budget games • Renewed focus on the Group's main business areas . Implementing a centralized and standardized, more data-driven and precise approach to game forecasting 2:07 AM Jun 13, 2023 148K Views . Actions will cover, but are not limited to: • Matthew Karch appointed interim Chief Operating Officer, and Phil Rogers appointed interim Chief Strategy Officer, to co-lead the program planning and implementation • Reduction of general overhead, corporate, publishing and SG&A costs • The closing of studios and termination of projects, that have not yet been announced and with low projected returns • Creation of a more comprehensive, centralized process for game investment and progress review, while maintaining creative freedom • Consolidation of companies and businesses, including review of operative group structures • Reduction of investments into external development with greater focus on internal development based on owned or controlled IP • Increased external funding of internally developed, large-budget games • Renewed focus on the Group's main business areas : • Implementing a centralized and standardized, more data-driven and precise approach to game forecasting

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Embracer Group - Swedish gaming giant Embracer confirms laying off of 900 employees, shut down 15 games

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Swedish gaming giant Embracer confirms laying off of 900 employees, shut down 15 games K L GADTON24 GRTVE 265KiB, 679x1366, Swedish gaming giant Embracer confirms laying off of 900 employees shut down 15 games.png View Same Google ImgOps Sauce NAO Swedish gaming giant Embracer [325/48/163] confirms laying off of 900 employees, shut down 15 games Anonymous Mon 20 Nov 2023 04:36:51 No.658074692 View Original Report Quoted By: >>658075150 >>658075305 >>658075430 >>658075445 >>658075453 >>658075526 >>658076461 >>658078409 >>658078505 >>658078598 >>658078602 >>658078623 >>658078660 >>658078982 >>658079367 >>658079854 >>658079924 >>658080114 >>658080216 >>658080330 >>658080982 >>658081152 >>658081814 >>658082112 >>658082398 >>658082489 >>658083696 >>658083872 >>658083992 >>658084218 >>658084252 >>658084514 >>658085428 >>658085485 >>658086330 >>658086486 >>658086525 >>658088671 >>658091413 >>658091482 >>658094752 >>658095431 >>658095639 >>658097603 >>658099390 >>658099578 >Saint's Row studio Volition has had to close down completely, while Tomb Raider developers Crystal Dynamics have been forced to lay off 10% of their workforce too. >There are also rumours that Free Radical Design have all been fired and the new Timesplitters has been shut down by Embracer. >This while Dead Island 2 made a profit after being in development hell for several years, and Payday 3 is already making a profit despite a troubled launch.

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