Embracer Axes Almost 30 Mystery Games in Half a Year
- Recent developments and acquisitions in the gaming industry
- Video of the week: New game releases
- Embracer's future plans and financial report
- Advertisement and shareholder value
- Industry-wide trend and layoffs
Recent Developments in the Gaming Industry
The gaming industry has seen a surge of acquisitions in recent years, with a major player being Embracer. This company's strategy has led to several high-profile layoffs and the closure of popular studios such as the creators of Saints Row, Volition. Furthermore, exciting new projects like the anticipated Deus Ex game have been abruptly cancelled.
Video of the Week: New Game Releases
Don't miss this week's roundup of new game releases, featuring an intriguing mashup of Pokémon and firearms. Be sure to share the video on your favorite social media platforms, including Facebook, Twitter, Reddit, and Email.
Embracer's Future Plans
In Embracer Group's latest financial report, CEO Lars Wingefors revealed plans to sell off some of the company's investments. This aligns with rumors of a potential sale of Borderlands developer Gearbox Software. Wingefors also hinted at further restructuring, suggesting more layoffs within the company and its subsidiaries.
Advertisement and Shareholder Value
Why the layoffs and sell-offs? Wingefors explains that Embracer's primary goal is to maximize shareholder value. This statement, while not surprising, has sparked criticism on social media, particularly given the current state of the industry.
Industry-Wide Trend
Embracer is not the only company making waves in the industry. Microsoft recently laid off nearly 2,000 employees following its acquisition of Activision Blizzard. This raises questions about the true benefit of large-scale acquisitions for the gaming industry.
Reader Comments
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