{"id":846657,"date":"2025-12-13T19:59:14","date_gmt":"2025-12-13T19:59:14","guid":{"rendered":"https:\/\/www.eurogamer.net\/heres-the-human-cost-of-embracers-restructuring-programme"},"modified":"2025-12-13T19:59:14","modified_gmt":"2025-12-13T19:59:14","slug":"heres-the-human-cost-of-embracers-restructuring-programme","status":"publish","type":"post","link":"https:\/\/arcader.org\/news\/heres-the-human-cost-of-embracers-restructuring-programme\/","title":{"rendered":"Here&#8217;s the human cost of Embracer&#8217;s restructuring programme"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/arcader.org\/wp-content\/uploads\/2024\/05\/heres-the-human-cost-of-embracers-restructuring-programme.jpg\" \/> <\/p>\n<p>\nEmbracer&#8217;s headcount has plummeted by 4532 employees over the past financial year, while 44 studios have been closed and 80 in-development projects have been dropped during this period.\n<\/p>\n<p>\nThis news comes as part of Embracer&#8217;s latest quarterly financial report, in which CEO Lars Wingefors states the company&#8217;s restructuring programme is now &#8220;successfully finalised&#8221; and has &#8220;created a stronger foundation for improved profitability, cash flows and long-term value creation&#8221;.\n<\/p>\n<p>\nThe <a href=\"https:\/\/www.eurogamer.net\/saints-row-owner-embracer-announces-comprehensive-restructuring-program-to-close-studios-cut-jobs\">restructuring programme began in June last year<\/a> following the Swedish umbrella company&#8217;s acquisition of a number of studios, many of which have now been divested and staff laid off. A key reason for this was the collapse of a proposed $2bn partnership with <a href=\"https:\/\/www.eurogamer.net\/embracers-collapsed-2bn-deal-reportedly-with-saudi-arabia-funded-savvy-games\">Saudi Arabia&#8217;s Savvy Games<\/a>.\n<\/p>\n<p><a href=\"https:\/\/www.eurogamer.net\/heres-the-human-cost-of-embracers-restructuring-programme\">Read more<\/a><\/p>\n<p><a href=\"https:\/\/www.eurogamer.net\/heres-the-human-cost-of-embracers-restructuring-programme\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Embracer&#8217;s headcount has plummeted by 4532 employees over the past financial year, while 44 studios have been closed and 80 in-development projects have been dropped during this period. This news comes as part of Embracer&#8217;s latest quarterly financial report, in which CEO Lars Wingefors states the company&#8217;s restructuring programme is now &#8220;successfully finalised&#8221; and has &#8220;created a stronger foundation for improved profitability, cash flows and long-term value creation&#8221;. The restructuring programme began in June last year following the Swedish umbrella company&#8217;s acquisition of a number of studios, many of which have now been divested and staff laid off. A key reason for this was the collapse of a proposed $2bn partnership with Saudi Arabia&#8217;s Savvy Games. Read more Source<\/p>\n","protected":false},"author":1,"featured_media":846658,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[230],"tags":[2386],"class_list":["post-846657","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-eurogamer","tag-embracer-group"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Here&#039;s the human cost of Embracer&#039;s restructuring programme | Arcader News<\/title>\n<meta name=\"description\" content=\"Embracer&#039;s headcount has plummeted by 4532 employees over the past financial year, while 44 studios have been closed and 80 in-development projects have\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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