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The Latest Breaking News from Embracer Group

Why is the $180bn games industry shedding thousands of staff?

Despite healthy sales, publishers such as Epic Games and Activision Blizzard are making hundreds of employees redundant – which may radically reshape the industry

The Guardian - UK

Eidos Montréal confirms almost 100 layoffs, blaming ‘challenges of our industry’ and Embracer restructuring

Eidos-Montréal has laid off 97 people from across its development teams, administration, and support services.

TechRadar

Embracer lays off 97 people at Eidos Montreal, reportedly cancels new Deus Ex game

The Embracer Group's plummet hits one of PC gaming's most beloved series.

PC Gamer

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Embracer Group reportedly cancels unannounced Deus Ex game, lays off staff at Eidos Montreal

A yet-unannounced Deus Ex game in development at Eidos Montreal has been cancelled by Embracer Group, with layoffs at the developer.

Windows Central

A new Deus Ex game has reportedly been in development for 2 years, but Embracer just canceled it amid more layoffs

97 employees have been let go

GamesRadar

Embracer Group is showcasing the dangers of irresponsible consolidation

Embracer Group has repeatedly closed studios and laid off employees since it fell on hard times in May of 2023.

Windows Central

Embracer Group layoffs continue at Lost Boys Interactive, staff report

A number of staff at Lost Boys Interactive have reported layoffs at the studio, which is owned by Embracer subsidiary Gearbox.

TechRadar

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Embracer Group layoffs continue with cuts at Tiny Tina's Wonderlands support studio Lost Boys Interactive

Embracer Group is continuing layoffs, reportedly cutting a large number of jobs at Lost Boys Interactive, a studio under Gearbox Software that helped on Tiny Tina's Wonderlands.

Windows Central

The biggest gaming controversies of 2023, part 2

Layoffs, Reddit beefs, racism, indie games, and more: 2023 was definitely another year for videogames.

PC Gamer

3D Realms and Slipgate Ironworks reportedly hit with layoffs as Embracer continues to cut

Apogee's Scott Miller, who had close ties to 3D Realms before the Embracer purchase, said at least half the company has been let go.

PC Gamer

Embracer closes Timesplitters studio Free Radical in 'another difficult decision'

Embracer subsidiary Plaion, the publisher in charge of Free Radical, has announced the closure of the studio.

TechRadar

TimeSplitters studio Free Radical Design has closed: 'We join an ever-growing list of casualties in a broken industry'

Plaion has confirmed that Free Radical Design has been shut down.

PC Gamer

Insurgency developer New World Interactive has been affected by Embracer layoffs

New World Interactive has been hit with layoffs amid Embracer Group's restructuring program.

TechRadar

The Embracer spiral continues as Insurgency: Sandstorm studio New World Interactive lays off employees

The studio is not closed, but it is being restructured.

PC Gamer

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Windows Central

This is not a drill! Remnant 2 and Remnant: From the Ashes surprise drop on Xbox Game Pass

One of Embracer Group's and GearBox's best games in recent memory just suddenly released into Game Pass. Could this mean a new partnership with Embracer Group?

TechRadar

Embracer could be shutting down TimeSplitters studio Free Radical Design in December, CEO reportedly confirms

Embracer CEO Lars Wingefors has reportedly acknowledged the potential closure of Free Radical Design in a company email.

TechRadar

Embracer Group restructuring continues as Fishlabs studio is expected to cut around 50 jobs

Fishlabs is expected to see around 50 job losses due to Embracer Group's restructuring program.

TechRadar

Marvel Snap will ‘continue to operate and flourish’ as publisher Nuverse faces restructure

Marvel Snap publisher Nuverse is facing restructure after a review at its parent company ByteDance.

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TechRadar

Embracer executive says that restructuring is ‘how we win’

Embracer Group's interim chief strategy officer, Phil Rogers, called the company's layoffs "agonizing" but says they were "necessary."

Inverse

The Most Promising Video Game Remake May Already Be Canceled

A Star Wars: Knights of the Old Republic remake in the works at Saber Interactive is reportedly canceled after a troubled development history.

TechRadar

Embracer Group has laid off over 900 people in the last three months but reports "one of our strongest quarters for new releases ever"

A new investor earnings report claims Embracer has laid a "foundation for organic growth" despite layoffs.

PC Gamer

Embracer CEO just flat-out refuses to talk about the KOTOR remake now: 'Anything I say to this becomes a headline'

This is not the RPG remake you're looking for.

TechRadar

TimeSplitters studio Free Radical Design reportedly threatened with closure

Free Radical Studio has been reportedly threatened with closure as part of Embracer Group's restructuring program.

PC Gamer

One of Embracer's top executives resigns and announces his own gaming company at the same time

Egil Strunke was replaced as Embracer's chief operating officer in June, but he didn't actually leave until last week.

TechRadar

Embracer Group COO announces departure from company, admits “the last year has been rough”

Egil Strunke announced that he left Embracer Group last week, and is now building his own company, Strunke Games.

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