Oh man, where to start with this? So, Embracer Group, right? These guys have been on a wild ride. They, um, lost like 1,800 people last year. Not kidding. I saw this in some report, but I can’t remember where exactly. Anyway, their headcount dipped by 1,857 between their 24/25 financial year and the one before it. Does that make sense? I hope it does.
Let’s rewind a bit. Before this, like 1,400 folks lost their jobs the year before. Some stayed, some didn’t—like, not everyone who left got the boot. They sold some studios too, like Gearbox and uh, Saber Interactive. Or did they? Honestly, I get mixed up with these names.
This whole mess has a backstory: Embracer was juggling stuff after a big investment from Savvy Group in Saudi Arabia fell apart. I guess they were hoping for a shiny future with that cash. Nope, didn’t happen.
What gets even crazier is they’re splitting the company into not one, but three new companies. Why? Beats me. Maybe it’s strategic wizardry. Meanwhile, their top guy Lars Wingefors… he’s stepping down. Enter Phil Rogers, some bigwig from Square Enix. Apparently, Lars is psyched about Phil taking over, or so he says in this letter to shareholders. Am I the only one who thinks these letters are a bit too chipper?
Lars mentioned something about being grateful and proud. Well, I guess you have to say that. He’s now eyeing a spot as an executive chairman—more room to do strategic magic, or something.
In his words (or something like them), he’s sure the best is yet to come. Optimistic? Sure. Realistic? Who knows. I guess we’ll wait and see. Feels like a soap opera, doesn’t it?
