“Our overruling principle is to always maximize shareholder value in any given situation.”
The number of Embracer studio game projects in development, meanwhile, has fallen from 224 to 179.
“Processes are in mature stages.”
It’s possible that “restructuring” measures might happen before they’re announced.
“Certain companies might initiate restructuring before any divestment is announced,” the CEO continued.
“Our overruling principle is to always maximize shareholder value in any given situation.”
Embracer’s financial woes followa spree of studio and license acquisitionsover the course of the pandemic.
Apparently, all the layoffs and closures have been really educational.
“Knowledge gained through the cross-functional and cross-operative group restructuring project forms the base.
