During the July-December period, Embracer said the number of gaming projects it had in the works fell from 153 to 124, according to VGC. Total headcount was cut by 8%, or 1,387 jobs. These cuts includes 871 game developers at internal studios, 264 at external studios, and 252 internal staff working on game projects as non-developers.
They own over 76 studios, most of which I’ve never heard of and a lot don’t even have Wikipedia lages. Just speculating without taking the time to do proper research, my guess is there are some mobile games included.
You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: [email protected]
No game suggestions, friend requests, surveys, or begging.
No Let’s Plays, streams, highlight reels/montages, random videos or shorts.
No off-topic posts/comments, within reason.
Use the original source, no clickbait titles, no duplicates.
(Submissions should be from the original source if possible, unless from paywalled or non-english sources.
If the title is clickbait or lacks context you may lightly edit the title.)
deleted by creator
The problem was they bought too many game companies too fast, and now they can’t afford to develop all this stuff at the same time.
It was a bad business decision by leadership, and now the grunts will pay for it.
Or they bought them to milk the good parts and pick on the carcasses to fund the takeovers?
Maybe don’t let the same venture capitalists control that many studios and games, idk.
How would that work in reality?
Just don’t immediately sell out as soon as you become successful as a game studio…
Well sure but that’s not what was proposed in the top level comment
Wow that’s a lot of in progress games
They own over 76 studios, most of which I’ve never heard of and a lot don’t even have Wikipedia lages. Just speculating without taking the time to do proper research, my guess is there are some mobile games included.
More like Extinguisher Group
Guessing Embracer are missing the Extend part.