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Embracer CEO says layoffs are "something that everyone needs to get through" (www.gamesindustry.biz)

submitted 8 months ago by [email protected] to c/[email protected]

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lol.

Embracer CEO Lars Wingefors said that the current reduction in workforce at the company and across the industry is "something that everyone needs to get through," later adding that the group's strategy has been to cut the things that have "the lowest chance of success going forward" and to only keep "the most iconic studios."

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[–] [email protected] 43 points 8 months ago* (last edited 8 months ago)

I've been with a company that when things were down, they didn't layoff anyone but just stopped hiring and higher management took pay cuts. I've also been with a company that would do a round of layoffs almost every time they were in the red. Guess which company I enjoyed working for more and had more positive morale overall.