this post was submitted on 31 Aug 2023
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This has more to do with Embracer Group's June announcement for upcoming large scale restructuring, layoffs, game cancelations, and studio closures than anything else. Embracer has even hit hard at studios that were profitable or had games in the pipeline that were expected to be a huge sales success.
As much as I love games, the industry is a tough place to work, and the layoff cycles are striking once again.
Buy up everything and WHOOPS we spent too much close down everything!
Fucking bullshit.