Restructuring

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Team17 cuts are so deep that devs are concerned whether company can still function News Oct 12th, 2023

Team17 cuts are so deep that devs are concerned whether company can still function

A third of the company’s workforce may now be axed

Team17 CEO Michael Pattison departs ahead of consultancy and restructure News Oct 2nd, 2023

Team17 CEO Michael Pattison departs ahead of consultancy and restructure

Significant layoffs are expected at the game maker as teams enter a "period of consultancy"

Embracer Group will need to “continue making tough decisions” News Sep 22nd, 2023

Embracer Group will need to “continue making tough decisions”

Speaking at a company Q&A, CEO Lars Wingefors confirmed that more closures are on the horizon

Embracer Group fixes financial woes with a $182 million share issue News Jul 6th, 2023

Embracer Group fixes financial woes with a $182 million share issue

After recent financial surprises, the company has taken corrective measures… leading to a devalued stock price that's 14% down

Hi-Rez announces layoffs in studios, dissolving Rogue Company: Elite developer First Watch Games News Jun 27th, 2023

Hi-Rez announces layoffs in studios, dissolving Rogue Company: Elite developer First Watch Games

Right now it's not entirely clear who will take over development of the mobile title

Hero Wars developer Nexters to restructure as GDEV Inc News Jun 22nd, 2023

Hero Wars developer Nexters to restructure as GDEV Inc

The company resumed trading on the NASDAQ this year

Nicola Sebastiani has left head of mobile position at PlayStation News Jun 19th, 2023

Nicola Sebastiani has left head of mobile position at PlayStation

Pursuing a new opportunity

Embracer announces restructuring programme after disastrous Q4 financials News Jun 13th, 2023

Embracer announces restructuring programme after disastrous Q4 financials

After a massive $2bn deal fell through at the eleventh-hour, Embracer is in damage-control mode

Kabam to lay off 12% of workforce News May 25th, 2023

Kabam to lay off 12% of workforce

The Marvel Contest of Champions developer undertakes restructuring

UK-based Team17 is supposedly laying off employees from art and design teams News Mar 20th, 2023

UK-based Team17 is supposedly laying off employees from art and design teams

The publisher is currently aiming to restructure

Elena Grigoryan on the struggles and success of My.Games Interview Mar 17th, 2023

Elena Grigoryan on the struggles and success of My.Games

The CSO of My.Games discusses the ongoing changes in the mobile industry and how their company weathered both the pandemic and their departure from Russia

My.Games to divest entirely from Russian market and restructure News Dec 15th, 2022

My.Games to divest entirely from Russian market and restructure

The new owners of the My.Games platform have announced their intention to divest it entirely from the Russian market and refocus internationally

Room 8 Studio structural change leads to exclusive mobile games dev unit News Jul 21st, 2022

Room 8 Studio structural change leads to exclusive mobile games dev unit

At least two entities, including the mobile games dev and trailer production, will branch out from the studio

Tencent expands with four new studios News Jul 5th, 2022

Tencent expands with four new studios

TiMi J3 Studio has been split into smaller teams

as Atari Gaming shifting focus away from free-to-play and mobile games News Jul 6th, 2021

Atari Gaming shifting focus away from free-to-play and mobile games

Attention to be directed towards premium games for console and PC

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