Saints Row owner Embracer announces "comprehensive restructuring program" to close studios, cut jobs

https://beehaw.org/post/527986

Saints Row owner Embracer announces "comprehensive restructuring program" to close studios, cut jobs - Beehaw

What was the point of all those acquisitions then? This is horrible
I was wondering when they were gonna stop eating every single studio, I guess they tried to brute force their way to profit and are now realizing it was a terrible plan

Lovers in a Dangerous Spacetime is always a hit no matter who I play it with. It’s the type of game that has everyone laughing when something goes wrong.

Portal 2 has a full coop split screen campaign separate from the main story.

God, what a strange company, their Wikipedia gave me a headache. Apparently THQ Nordic is now Austrian?

Yes .... and Swedish. There were two companies named "THQ Nordic" one holding-company in Sweden and their publishing arm in Austria.

The Swedish company got renamed Embracer but the Austrian arm stayed as THQ Nordic.

Really worrying that they wouldn't announce which studios will get hit. The newest Saints Row was a bomb, but the rest of their companies seem to be doing pretty well. It would be annoying if good studios get laid off from this...

The restructuring will be overseen by Saber boss Matthew Karch and former Square Enix USA boss Phil Rogers, who have been tapped by Wingefors in new executive roles.

That doesn't inspire confidence after how Square Enix studios in the US were run.

I imagine that Volition is on the chopping block.