Embracer Group has announced that the company will be restructing to make the company a leaner, stronger and a more focused, self-sufficient company. The restructuring will include layoffs and the termination, or pausing of some projects.
TL;DR Key Points of the open letter:
- The closing of some studios and termination of unannounced projects.
- Where Embracer can, opportunities for our colleagues to transition onto other projects will be provided.
- Matthew Karch has been appointed interim Chief Operating Officer, and Phil Rogers has been appointed interim Chief Strategy Officer.
- Increased external funding of internally developed, large-budget games
If youve been affected by Embracers Restructuring Program and would like to talk about the …
Read the full article at: https://insider-gaming.com/embracer-group-restructuring/