The embattled CEO behind more than 1,400 industry layoffs, seven total studio closures, and nearly 30 canceled games has blamed his calamitous premiership of the Embracer Group on two classic scapegoats: Russia's invasion of Ukraine and the Covid-19 pandemic.
In an interview with GamesIndustry.biz, Lars Wingefors - who acknowledged that he "deserved a lot of criticism for his disastrous impact on the industry" - explained that as a public company, Embracer Group needed to have the "optimal structure" in order for the many, many studios it spent the last few years acquiring to succeed. Sadly, the company had failed to ensure that optimal structure.
