Yeah, not surprised. Industry consolidation sucks in general, but Embracer specifically always felt like it was way overextending. Their bizarre acquisition spree was always going to end badly.
this post was submitted on 02 Sep 2023
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Honestly my biggest problem with embracer group is they don't have a "real stake" in gaming or actual interest like Xbox does when they buy studios. (Please correct me if I'm wrong) but all they do is buy companies and then when they see profits go down they just lay people off.
Which is better than EA somehow.
This might be a really unpopular opinion but nowadays I feel like EA is doing and has done much better than previous. Aside from there sports games.
Nowhere to go but up.
Not great news for embracer as they just shut down their other games studio volition studio too . Layoffs at gearbox doesn't seem good and they will probably have to sell it off next year
Honestly never understood why they keep multiple publishing subsidiaries anyway.