Embracer chairman says cost control 'does not get enough respect' after presiding over years of layoffs
Embracer Group chairman Lars Wingefors defended the company's extensive layoffs and studio closures, stating that cost control is often underestimated. He argued that the company worked to retain as many employees as possible while balancing business needs. Wingefors' comments come amid ongoing restructuring and studio divestments following a significant investment collapse in 2023.
- Entities
- Company: Savvy Games
- Topic: Layoffs
- Person: Lars Wingefors
- Topic: Mergers and Acquisitions
- Company: Embracer Group
- Person: Matthew Karch
- Company: Saber Interactive
- Topic: Cost Control
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