US Edition
Embracer to Replace CEO Who Oversaw Turbulent Acquisition Spree, and Mass Layoffs
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.6 Articles
6 Articles
Embracer's CEO steps down and is proposed to become the company's chairman instead
There have been many ups and downs for the Swedish gaming giant {Embracer}, where for a few years it felt like we could write about new acquisitions every week, and then write about continuous flops, closures, and layoffs. Now they seem to be bottoming out and can look forward again, and will do so with new management. Founder and CEO Lars Wingefors seems ready to change chairs. He is stepping down from the role of CEO and is now proposed to be…
NewsGaming.net Embracer Group changes its CEO, Lars Wingefors remains in the company despite a complicated balance sheet During the beginning of the post-COVID era, Embracer Group was, in spite of it, the symbol of what was not going into the industry. After getting infused by buying teams in dozens, the group saw that this strategy could not be sustained and carried out more than a thousand layoffs while closing the doors of several studios and…
Embracer Group CEO Lars Wingefors will leave his current position in summer. Read more
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
To view factuality data please Upgrade to Premium
