Embracer CEO announces the completion of the company's restructuring program, with the end of layoffs, studio closures, and asset sales. Embracer is not planning to acquire new studios. Gearbox Entertainment confirms layoffs post-sale from Embracer, with the exact number of affected roles unclear. Saber Interactive founder, Matthew Karch, defends Embracer and its CEO, Lars Wingefors, amid downsizing and criticism.
Saber Interactive founder Matthew Karch has defended his former employer Embracer Group and its CEO, Lars Wingefors, following recent downsizing. “It seems to be a company these days that everyone likes to pick on”. https://t.co/D6qADbMYSn https://t.co/H0Ft1hnM1F
An interview with Saber founder Matthew Karch on criticism of Embracer, joining Embracer's board in 2020, layoffs, and Embracer's $2B Savvy deal breaking down (@james_batchelor / https://t.co/r0l8RgfWYZ) https://t.co/vtyIMpxDBm https://t.co/rfXEMtcDhJ
"[Embracer] kind of backed ourselves into a corner. The company didn't really need that $2 billion deal" - Matthew Karch, Saber Interactive https://t.co/qGxy43BiiR
"When the markets are supporting this manic kind of growth and you're in a situation where you could take advantage of that, it's hard not to leverage that." -Saber's Matthew Karch on what happened at Embracer https://t.co/qGxy43BQ8p
It's not clear how many roles have been affected by layoffs at Gearbox Entertainment https://t.co/yx6hICOlD3
"We were getting congratulated left and right at GDC about leaving the evil Embracer. But these are the nicest people you've ever met" Saber Interactive founder Matthew Karch on the fall of Embracer, and why he's still bullish about the troubled group https://t.co/qGxy43BiiR
"I believe we kind of backed ourselves into a corner. The company didn't really need that deal" - Saber's Matthew Karch on Embracer's $2 billion investment deal that fell through https://t.co/qGxy43BQ8p
Saber's Matther Karch shares his view of the story behind Embracer's struggles, and why he's bullish on the group's recovery https://t.co/qGxy43BiiR
Gearbox Entertainment confirms layoffs following sale from Embracer https://t.co/z1yXh0WKUw #gamedev #gamedevelopment #ai #indiedev
Gearbox Entertainment has announced an unspecified number of redundancies following its sale from Embracer last week https://t.co/yx6hICOlD3
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
Frisco-based video game studio Gearbox Entertainment Co., best known for its first-person shooter game “Borderlands,” is being acquired by New York entertainment company Take-Two Interactive Software, Inc. for $460 million. https://t.co/kkOlWK7VP3