In recent months, there have been reports of many layoffs in the video game industry, ranging from those reported at Naughty Dog, then bangi And wrongful departure, as well Ubisoft and up to Amazon Games, with a significant reduction. And now, another important company is joining this trend, or rather, we are talking about something called a publisher, since it has many developers under its power.
In JuneEmbracer Group The company announced a restructuring after a disaster with the launch Saint rowWhich includes the closure of some important studios such as the first desire And when it’s sold out gearbox, the creators of Borderlands. It followed 900 layoffs from the company, a plan to conserve resources that is not entirely new to the entertainment business.
Its co-founder and CEO Hugs, Lars WingforceDuring opening remarks at the company’s second-quarter earnings presentation on Thursday, November 16 this year, it addressed the layoffs, which affect 5% of its global workforce.
Here it is mentioned:
Before we get into our second quarter business details, I’d like to start this conference call by personally thanking the 900 people who left Embrace during the second quarter.
As you’ll hear today, we’re determined to transform Embracer into an even more agile and powerful company. That said, I find it painful that you have to leave the group, and we have done and are doing everything we can to preserve jobs without changing what we want to achieve.
Our people make the very fabric of Embracer. For me personally, it is extremely important that the program is conducted with compassion, respect and integrity.
It is worth noting that due to the suddenness of the incident, it is not said whether the former employees received some kind of financial compensation for the few months for that dismissal, perhaps something happened, since this situation of payment happened later in the case of similar companies. Leaving the company. And it cannot be ruled out that this kind of thing happens in the industry, and the next one is Konami, since they are not going through the best of times.
Through: VGC
Editor’s note: Wow, the industry is going through a significant process of withdrawal, and honestly, what surprises the most is the news of Bungie, who literally spent decades in the studio and did not leave there by his own decision.