Yeah, not surprised. Industry consolidation sucks in general, but Embracer specifically always felt like it was way overextending. Their bizarre acquisition spree was always going to end badly.

Honestly my biggest problem with embracer group is they don’t have a “real stake” in gaming or actual interest like Xbox does when they buy studios. (Please correct me if I’m wrong) but all they do is buy companies and then when they see profits go down they just lay people off.

Not great news for embracer as they just shut down their other games studio volition studio too . Layoffs at gearbox doesn’t seem good and they will probably have to sell it off next year

Honestly never understood why they keep multiple publishing subsidiaries anyway.