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Embracer CEO says layoffs are "something that everyone needs to get through" (www.gamesindustry.biz)

submitted 9 months ago by [email protected] to c/[email protected]

20 comments fedilink hide all child comments

lol.

Embracer CEO Lars Wingefors said that the current reduction in workforce at the company and across the industry is "something that everyone needs to get through," later adding that the group's strategy has been to cut the things that have "the lowest chance of success going forward" and to only keep "the most iconic studios."

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[–] [email protected] 41 points 9 months ago (1 children)

Often times they are laid off, with a generous multimillion severance package

[–] [email protected] 29 points 9 months ago (1 children)

That must be so difficult for them to "get through". Surviving for a few months, maybe a year (if non-compete clauses are enforced, which they probably aren't for CEOs) on just tens of millions, which forces them to buy only one yacht instead of three until they can get back into another well-paid CEO gig. The greatest tragedy of our age. Won't anybody think of the CEOs?!

[–] [email protected] 1 points 8 months ago (1 children)

Won’t anybody think of the CEOs?!

I'm thinking that they might be crunchy and good with ketchup if fried properly

[–] [email protected] 1 points 8 months ago

There's only one way to find out!