Embracer Group loses 4,532 people and cancels 80 games in a year – INDIA

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The Swedish colossus “boasted” of the results of its restructuring. Hug group was forced to resort to layoffs, project cancellations and studio sales after a $2 billion investment from the Saudi government-owned Savvy Games Group failed.

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In the period from 01/04/2023 to 03/31/2024 the entire group lost 4532 people. This number also includes about 3,000 employees that the company lost due to the sale of a large division. Saber Interactive. This division is also among a total of 44 studios that have been closed (Volition or Free Radical Design) or sold (including Gearbox Software). Despite this, Embracer now employs more than 10,000 employees.

The number of games in development has decreased by 80. While this may seem like a large number, by March 31, 2025, Embracer Group teams had won more than 70 titles. Among them there are Kingdom Come: Deliverance 2 from the Czech studio Warhorse and Killer Floor 3. Embracer management has high hopes for these two projects. He expects at least as much success as he has Dead Island 2. Zombie Killers sold 3 million units in one year. Thanks to Game Pass and PS Plus Premium, 4 million more players have tried the game. This is also in preparation new metro at the 4A Games studio.

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Source :Indian TV

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