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Embracer cut ties with more than 4,500 employees and cancelled 80 projects over the past year
(www.gamedeveloper.com)
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this post was submitted on 24 May 2024
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It's not that simple for everyone. Some of the studios that wound down in the last year did so because they couldn't find funding from publishers, due to the general lack of investment. It's not easy to run a games company with no outside investment whatsoever.