Embracer Group Plans Over 70 Game Releases by March 2025 After Major Restructuring

The company has laid off 4,500 employees and canceled 80 projects, but aims for growth with a new strategic direction.

Embracer Group's fiscal report shows a 12% increase in net sales despite a challenging year.
The company has reduced its workforce by 27%, affecting 4,532 employees, mostly game developers.
Embracer plans to split into three separate entities, with none retaining the Embracer name.
Key upcoming releases include Kingdom Come: Deliverance 2 and Killing Floor 3.
The restructuring aims to create a stronger foundation for profitability and long-term value.