Embracer Group Restructuring Plans Will Lead To Layoffs And Game Cancellations
Late last month, Embracer Group, the massive video game holding company that owns Gearbox Entertainment and Cryptic Studios, saw its stock prices plummet by as much as 40% and its earning forecast take a dive when a 2-billion-dollar partnership deal fell through. In response, the company has announced a major restructuring and consolidation which they confirmed will require them to [...]
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