Embracer COO Egil Strunke Resigns Amid Company Restructuring, Launches Own Gaming Firm Strunke Games
Strunke's resignation follows a troublesome year for Embracer with layoffs, studio closures, and a failed $2 billion strategic partnership; new venture, Strunke Games, to focus on supporting global gaming studios amid constant industry changes.
- Egil Strunke, the Chief Operations Officer of Embracer Group, has announced his resignation, following a challenging year for the company that included layoffs, studio closures, and a failed $2 billion strategic partnership.
- Strunke announced his departure on Linkedin, expressing mixed feelings about leaving his colleagues and friends at Embracer. He emphasized his belief that Embracer still has a bright future ahead despite recent struggles.
- With two four-year stints at Embracer Group, first as vice president for Nordic Games (which later became THQ Nordic and eventually Embracer Group), Strunke was part of key periods of growth and acquisitions for the company.
- Strunke's departure comes amid a major restructuring at Embracer, which started as a response to a collapsed $2 billion deal and has involved layoffs at various studios like Crystal Dynamics, Gearbox Publishing, and Volition among others.
- Strunke has now shifted his focus to his own company, Strunke Games, aiming to support and collaborate with global gaming studios as the gaming industry continues to change.