Tag: job losses
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Since the start of their “restructuring”, Embracer has dismissed 8% of their worldwide employees.
Embracer has outlined extensive debt restructuring efforts in their interim financial results for Q3 (October-December 2023), having laid off 8% of their global workforce since June 2023 and reducing the number of game projects in development from 224 to 179. CEO Lars Wingefors portrayed the period as “a stable quarter” with Embracer being “on track”…
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Discord to Cut Jobs of 17 Percent of Its Workforce
Today, I am sharing a difficult announcement. In our pursuit to better serve our users, business, and mission, we have taken the unfortunate step to reduce our workforce by 17%, letting go of 170 talented colleagues. Over the last few years, our company has grown significantly and while we’ve made remarkable strides in serving our…