Embracer Group COO leaves amid restructuring to form own company
Embracer COO Egil Strunke is leaving the company to form Strunke Games.
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Embracer COO Egil Strunke is leaving the company to form Strunke Games.
Around 32 developers were apparently laid off from the Hungary-based Zen Studios, which develops Pinball FX and similar digital pinball titles.
More layoffs and closures could be coming to Embracer Group subsidiaries should the company fail to find funding for projects.
For the campaign story in Marvel's Avengers itself, $4 isn't a bad deal.
A new report says Embracer Group is considering a sale of the Borderlands studio.
Following underperformance of the recent Saints Row and Embracer's restructuring, Volition was announced to be closing down effective immediately.
Embracer Group is reporting strong sales weeks after it began its restructuring plan.
Where Embracer was previously on an acquisition spree, the alleged failed deal with Savvy Gaming sent its share value plummeting and led to layoffs.
While CEO Lars Wingefors announced that layoffs will be happening, he could not provide forecasts on just how many jobs will be terminated.
While critical reception was lukewarm, Embracer Group revealed that Dead Island 2 has still sold incredibly well.