Embracer Group
Embracer Group cut 27% of its workforce in the last year
Embracer Group's latest financial reports have revealed significant cuts to its workforce.
Embracer Group CEO says he deserves "a lot of criticism"
Wingefors has spoken openly about his role at Embracer Group, following the public announcement of the company's split.
Embracer Group will split into three companies by 2025
Embracer Group will split off to become: Asmodee Group, Coffee Stain & Friends, and Middle-earth Enterprises & Friends.
Take-Two has purchased Gearbox from Embracer Group for US $460 million
Take-Two has officially purchased Gearbox, after months of speculation.
Saber Interactive officially splits from Embracer Group
Saber Interactive is no longer an Embracer Group studio, following a major buyout deal.
Borderlands developer Gearbox reportedly set to leave Embracer Group
The future of Gearbox will reportedly be revealed in March 2024.
Embracer Group reportedly sells Saber Interactive for USD $500 million
Saber Interactive will reportedly become a privately-owned company in future.
Embracer Group cancelled 29 games and laid off 1,387 people in late 2023
The cuts were part of a company-wide restructure program initiated in June 2023.
Gothic studio Piranha Bytes confirms it's in a "difficult situation"
Piranha Bytes is seemingly facing closure as part of Embracer Group's ongoing restructure.
Gearbox studio Lost Boys Interactive impacted by major layoffs
Lost Boys Interactive was founded in 2017, and was later acquired and expanded by Gearbox.