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Embracer has now laid off 8% of staff
Embracer has laid off 8 percent of its workforce as its restructuring programme reaches "mature stages". The company re…
The company released its latest financial report today, stating its net sales increased by 4 percent, though this is largely thanks to its Tabletop Games and Entertainment divisions. Tomb Raider I-III Remastered - Announce Trailer | PS5 & PS4 Games Watch on YouTube"In a group-wide effort, our companies and studios have had to make difficult decisions, particularly on having to part ways with team members," said co-founder and CEO Lars Wingefors. Wingefors also admitted the company is unlikely to reach the restructuring programme's target of under SEK 8bn in net debt by the end of March, with room for further financial improvement in the PC and console segment.
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