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

submitted 7 months ago by [email protected] to c/[email protected]

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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] 5 points 7 months ago

Had a very similar thing. Company I worked for had their best year by a long mile in 2020. Hired like crazy and talked big about all these deals in the pipeline with massive companies. Didn't understand why deals started to fall through once lockdown ended, scrambled to try and fix things but just made themselves look directionless.