Following the completion of its restructuring program, Embracer Group, led by CEO Lars Wingefors, has ceased its acquisition drive and plans to focus on making better products and games. The restructuring program resulted in the loss of 1,400 jobs, closure of three studios, and the sale of Gearbox and Saber Interactive. Gearbox has confirmed layoffs, which are not related to the development of Gearbox Software games.
Gearbox confirms layoffs following announcement of sale https://t.co/k8SiT20ULg https://t.co/fc3ZP81sv2
Gearbox suffers layoffs following Embracer sale. https://t.co/QVfAdoUYOv https://t.co/HTFrUhuhDE
Embracer CEO Lars Wingefors says the group is not planning to sell any more of its studios or other assets now the restructuring program is over https://t.co/mB3qzrFmSr
"Gearbox has issued a statement on the layoffs, which it says are not "tied" to the development of Gearbox Software games." ...really grinds my gears when statements like this are released in an attempt to downplay layoffs. https://t.co/378Bx18Vmu
Gearbox confirms layoffs following announcement of sale by Embracer https://t.co/k8SiT20mVI https://t.co/1vZQQqYwfm
Embracer CEO says restructuring is over, no other studios for sale https://t.co/JJNnRiEnpZ #gamedev #gamedevelopment #mobile #indiedev
Embracer CEO Lars Wingefors has declared an end to the group's restructuring program, which saw the loss of 1,400 jobs, the closure of three studios, and the sale of Gearbox and Saber Interactive https://t.co/mB3qzrEP2T
Embracer freezes acquisition drive as its restructure program comes to an end The publisher's controversial tendency to lay off studios it'd fairly recently acquired is at an end. https://t.co/POHipZjLwU https://t.co/77wiXNqfuO
.@embracergroup has finished its restructuring program, and its current plan to "increase profitability and cashflow generation" is "simply making better products and games." Here's what Embracer's CEO says: https://t.co/VcDpNaBerP #games #videogames #gameindustry https://t.co/5EGrr2WWZ8
Embracer CEO says it's "way too early" for the company to "start talking about" acquiring new studios https://t.co/HBqKl6r3KY https://t.co/4n4RbUSRFb
Embracer freezes acquisition drive as its restructure program comes to an end https://t.co/POHipZjdHm https://t.co/y821Aaeayc
As restructuring ends with the sale of Gearbox, Embracer's CEO has a new plan: 'simply making better products and games' https://t.co/PFRGWs7Inc
Embracer freezes acquisition drive as its restructure program comes to an end https://t.co/jM096kiYSF #gamedev #gamedevelopment #indiedev
Embracer receives acquisition offers for its subsidiaries on “weekly basis,” has no plans to restart its M&A engine https://t.co/x7NhYTYICI #gamedev #gamedevelopment #gameart #indiedev
Embracer Group Doesn't Plan To Buy New Studios Yet Following Mass Layoffs https://t.co/yt5n9QHCro https://t.co/uCbX7BhCN7
Embracer's CEO says it’s “too early” for it to start considering studio acquisitions again, following the completion of its costly restructuring. https://t.co/bARpcjErCW https://t.co/Hn5VqPQIzd
Layoffs Hit Gearbox Staff Hours After Embracer Sale https://t.co/GhjYkvOWsI #Repost #EmbracerGroup #Industry #Gearbox
Layoffs Hit Gearbox Staff Hours After Embracer Sale https://t.co/GhjYkvOWsI #EmbracerGroup #Industry #Gearbox
Gearbox is laying off staff following Embracer breakup https://t.co/RFbWBsUnOV https://t.co/0gmMNApcZS