Embracer Group
TimeSplitters studio Free Radical reportedly facing closure in December
TimeSplitters studio Free Radical has reportedly been confirmed to be facing imminent closure.
Star Wars: Knights of the Old Republic remake existence in contention
The long-in-development remake may not see the light of day.
Embracer Group has laid off 900 staff since June 2023 – and it's not over yet
Embracer Group began its company-wide restructure in June 2023, following the collapse of a major USD $2 billion deal.
TimeSplitters developer Free Radical reportedly facing closure
Free Radical was re-established just two years ago, but may already be in danger.
Embracer Group COO departs company after "rough" year
Egil Strunke served as the chief operating officer of Embracer Group for eight years.
Crystal Dynamics faces layoffs as Embracer Group cuts continue
The Tomb Raider studio is reportedly undergoing restructuring as Embracer Group looks to cut costs.
Embracer Group reportedly considering Gearbox sale, as layoffs continue
New reports have flagged Gearbox as the next studio to potentially depart the Embracer Group umbrella.
Saints Row studio Volition has been shut down after 30 years
Embracer Group announced the decision as part of its company restructuring program.
Embracer's failed $2bn deal was reportedly with Saudi Arabia's Savvy Games
The collapse of the deal led to a major rescope at Embracer Group, and the closure of some divisions.
Embracer Group shares drop as US $2 billion partnership collapses
Embracer announced the collapse of the deal in its quarterly earnings report.