Crystal Dynamics: Celebs Rumors

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Embracer Group to Undergo Layoffs and Game Cancellations in Corporate Restructuring

An undisclosed number of the company’s 17,000 employees will be let go and certain game projects will be paused or outright terminated, along with other efficiency and overhead-reduction efforts that will take place in phases between now and March 2024, Wingefors said Tuesday.Embracer published an open letter explaining the news alongside a standard press release.“I am asking all our managers to lead and act with compassion, respect, and integrity,” Wingefors wrote in the open letter, following the layoff announcement. “Throughout each phase and wherever possible, we will work to ensure that affected team members receive information first.
thewrap.com

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