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The Latest Breaking News from Embracer

Embracer reveals it laid off around 1,400 people in 6 months last year, but don't be a bellyacher—this is all about 'maximising shareholder value'

And there's more to come.

PC Gamer

Embracer Group quietly cancelled 29 unannounced games and shut 7 studios within six months last year

This follows the company making over 1,300 workers redundant

GamesRadar

Embracer reports Q3 boost from Lord of the Rings licensing

Embracer, owner of Lord of the Rings IP, reported lower-than-expected Q3 results but highlighted strong licensing revenue from the Tolkien franchise.

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Deus Ex game cancelled amid layoffs at developer Eidos

The thriller follow-up has been axed despite two years of development work

Evening Standard

Adam Jensen voice actor says cancelled Deus Ex likely 'wasn't a Jensen story anyway' and that 'I gotta be honest, I gave up on it a long time ago'

Embracer cancellation or no, it seems we were never going to see a conclusion to the Jensen arc anyway.

PC Gamer

Eidos Montréal confirms almost 100 layoffs, blaming ‘challenges of our industry’ and Embracer restructuring

Eidos-Montréal has laid off 97 people from across its development teams, administration, and support services.

TechRadar

Embracer lays off 97 people at Eidos Montreal, reportedly cancels new Deus Ex game

The Embracer Group's plummet hits one of PC gaming's most beloved series.

PC Gamer

A new Deus Ex game has reportedly been in development for 2 years, but Embracer just canceled it amid more layoffs

97 employees have been let go

GamesRadar

Embracer-owned Elex studio Piranha Bytes is trying to save itself from closure: 'Don't write us off yet'

Piranha Bytes is "in a difficult situation" and will be closed if it can't find a way to move forward on its own.

PC Gamer

Embracer Group is showcasing the dangers of irresponsible consolidation

Embracer Group has repeatedly closed studios and laid off employees since it fell on hard times in May of 2023.

Windows Central

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PC Gamer

Embracer-owned Lost Boys Interactive confirms 'difficult' layoffs

Multiple employees have reported being let go in what appears to be the latest cuts by the struggling Embracer Group.

TechRadar

Embracer Group layoffs continue at Lost Boys Interactive, staff report

A number of staff at Lost Boys Interactive have reported layoffs at the studio, which is owned by Embracer subsidiary Gearbox.

Windows Central

Embracer Group layoffs continue with cuts at Tiny Tina's Wonderlands support studio Lost Boys Interactive

Embracer Group is continuing layoffs, reportedly cutting a large number of jobs at Lost Boys Interactive, a studio under Gearbox Software that helped on Tiny Tina's Wonderlands.

TechRadar

Embracer-owned Slipgate Ironworks and 3D Realms reportedly hit with layoffs, employees reveal

A number of Slipgate Ironworks and 3D Realms employees have taken to social media to state that they've been impacted by layoffs.

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PC Gamer

3D Realms and Slipgate Ironworks reportedly hit with layoffs as Embracer continues to cut

Apogee's Scott Miller, who had close ties to 3D Realms before the Embracer purchase, said at least half the company has been let go.

TechRadar

Embracer closes Timesplitters studio Free Radical in 'another difficult decision'

Embracer subsidiary Plaion, the publisher in charge of Free Radical, has announced the closure of the studio.

PC Gamer

The Embracer spiral continues as Insurgency: Sandstorm studio New World Interactive lays off employees

The studio is not closed, but it is being restructured.

Windows Central

This is not a drill! Remnant 2 and Remnant: From the Ashes surprise drop on Xbox Game Pass

One of Embracer Group's and GearBox's best games in recent memory just suddenly released into Game Pass. Could this mean a new partnership with Embracer Group?

PC Gamer

Embracer lays off 50 more employees and may soon close resurrected TimeSplitters studio Free Radical Design, yet its CEO and board of directors still have their jobs and were 'discharged from liability for the financial year'

The fallout from Embracer's failed big-money investment deal continues.

TechRadar

Embracer could be shutting down TimeSplitters studio Free Radical Design in December, CEO reportedly confirms

Embracer CEO Lars Wingefors has reportedly acknowledged the potential closure of Free Radical Design in a company email.

TechRadar

Embracer Group restructuring continues as Fishlabs studio is expected to cut around 50 jobs

Fishlabs is expected to see around 50 job losses due to Embracer Group's restructuring program.

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