Embracer has now laid off 8% of staff

2 months 2 weeks ago

Embracer has laid off 8 percent of its workforce as its restructuring programme reaches "mature stages".

The company released its latest financial report today, stating its net sales increased by 4 percent, though this is largely thanks to its Tabletop Games and Entertainment divisions. PC and console games net sales decreased by five percent.

In its third quarter, the company laid off 483 people, meaning 1387 employees have now lost their jobs in the last two quarters, representing 8 percent of the total workforce.

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Author
Ed Nightingale

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