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Embracer Starts Shutting Studios As the Downsides of Consolidation Surface
Published at 2023-08-07 02:08 by PushSquare News
The Embracer Group is a Swedish video game media holding that, for years now, has been quietly acquiring smaller studios, and a frankly ludicrous number of them at that. With 131 internal video game studios and 15,000 staff worldwide, it seemed too unwieldy to manage, and sure enough, a mass round of layoffs was announced, with the…
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Read the full article here. This article was originally posted in PushSquare.