Saber Interactive Founder Defends Embracer CEO Amid Restructuring

Matthew Karch highlights efforts to minimize layoffs and expresses optimism for the company's future.

Saber Interactive founder Matthew Karch defends Embracer Group CEO Lars Wingefors, arguing that criticism over massive layoffs and restructuring is unfounded.
Embracer Group faced turmoil after a failed $2 billion investment deal with Saudi Arabia's Savvy Games Group, leading to layoffs and the sale of several studios including Saber Interactive.
Karch highlights Wingefors' efforts to minimize job losses and his genuine passion for the video game industry, asserting that Embracer tried harder than any company to save jobs.
Despite the challenges, Karch remains optimistic about Embracer's future, citing the company's rich collection of IP and studios.
Karch blames stock shorting and the pressures of being a publicly traded company for Embracer's woes, but believes the company is now more manageable and poised for success.