News Embracer debt reduced to $1.4 billion as restructure continues Group says it has laid off 904 people since the process began Nov. 16, 2023 James Batchelor
News Free Radical Design may shutdown Embracer subsidiary might close its doors two years after it was reformed to work on a new TimeSplitters Nov. 8, 2023 Jeffrey Rousseau
News Embracer COO leaves amid restructuring to form new company Egil Strunke departs after four years to lead Strunke Games, believes Embracer will "come out stronger" from restructure Nov. 6, 2023 James Batchelor
News Cryptic Studios impacted by layoffs Update: Spokesperson confirms "personnel changes" as part of Embracer restructuring, Cryptic to operate under DECA Games going forward Nov. 3, 2023 Marie Dealessandri
News Embracer-owned Digic to lay off 35 employees The studio is the latest to be affected by parent group's restructuring program Oct. 26, 2023 Sophie McEvoy
News Zen Studios reportedly cuts staff by 32 The layoffs at the Pinball FX studio are another among Embracer's ongoing restructuring plan Oct. 18, 2023 Jeffrey Rousseau
News Crystal Dynamics is latest Embracer studio to suffer layoffs Tomb Raider developer cuts ten positions "to align… with current business needs" Sept. 21, 2023 James Batchelor
News Switch version of Evil Dead: The Game cancelled Development of new content for the title coming to an end, says Saber Interactive Sept. 20, 2023 Sophie McEvoy
News Beamdog lays off 26 employees Developer was acquired by Embracer subsidiary Aspyr Media in 2022 Sept. 19, 2023 Sophie McEvoy
News Report: Embracer may sell Gearbox Entertainment Rainbow Studios staff also gets downsized due to the ongoing restructuring program Sept. 11, 2023 Jeffrey Rousseau
News Report: Embracer layoffs also affect Gearbox Publishing Reports of redundancies at the publisher emerged on LinkedIn but it's unclear how many people are impacted Sept. 1, 2023 Marie Dealessandri
News Volition Games closes The Saints Row maker shuts down after 30 years of game development Aug. 31, 2023 Jeffrey Rousseau
News Embracer Group net sales rise by 47% in Q1 CEO Lars Wingefors says "We are making good progress on the restructuring program" Aug. 18, 2023 Jeffrey Rousseau
News Embracer on collapsed $2bn deal: "We have put this behind us" But group says partnership with unnamed company may be possible again in future Aug. 18, 2023 James Batchelor
News Report: Savvy Games Group backed out of $2bn deal with Embracer Details as to why the gaming firm ended the potential partnership remain unknown Aug. 14, 2023 Jeffrey Rousseau
News Embracer shuts down Campfire Cabal The decision was part of the game publisher's restructuring program and "purely financial" Aug. 8, 2023 Jeffrey Rousseau
News Embracer raises $182 million via share issue The group issued 80,000 new shares and revised its net debt target to SEK 8 billion ($729 million) by the end of FY2023-24 July 6, 2023 Marie Dealessandri
News Ubisoft looks Forward, Embracer scales back | Microcast Latest episode available to download now June 13, 2023 GamesIndustry.biz Staff
News Leadership changes at Embracer as group restructures Saber CEO Matthew Karch resigns to become group's COO, Crystal Dynamics' Phil Rogers named chief strategy officer June 13, 2023 James Batchelor
News Embracer announces restructuring program, studio closures expected It's "too early to give an exact forecast" on the number of layoffs, CEO says June 13, 2023 Marie Dealessandri
News Embracer's $2bn+ deal collapsed due to "external factors" CEO Lars Wingefors offers more insight into partnership that "would have set a new benchmark for the industry" May 25, 2023 James Batchelor
News Embracer Group net sales rise to $3.5bn in "challenging year" CEO Lars Wingefors warns potential partnership collapse and big game delays will impact years ahead May 24, 2023 James Batchelor
News Amazon and Embracer partner for new Lord of the Rings MMO Amazon Games' Christoph Hartmann tells us team aims to make "the largest MMO out there" May 15, 2023 James Batchelor
News Embracer strikes deal with New Line and Warner Bros for new Lord of the Rings films | News-in-brief Partnership was signed via subsidiary Middle-earth Enterprises for multiple movies based on Tolkien's work Feb. 24, 2023 Marie Dealessandri
News Embracer sales up 128% during Q3, but organic growth down CEO Lars Wingefors pointed to a "stable" quarter with "tough year-on-year comparisons" Feb. 17, 2023 Marie Dealessandri