Embracer has now laid off 8% of staff ...Middle East

Embracer has laid off 8 percent of its workforce as its restructuring programme reaches "mature stages". The company released its latest financial report today, stating its net sales increased by 4 percent, though this is largely thanks to its Tabletop Games and Entertainment divisions. PC and console games net sales decreased by five percent. In its third quarter, the company laid off 483 people, meaning 1387 employees have now lost their jobs in the last two quarters, representing 8 percent of the total workforce. Read more

Hence then, the article about embracer has now laid off 8 of staff was published today ( Thursday 15/02/2024 - 02:09 PM ) and is available on Eruogamer ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Embracer has now laid off 8% of staff )

Also on site :

• Intel’s Lip-Bu Tan Teases “Exciting New Products” With NVIDIA as He Hoods Jensen Huang at Carnegie Mellon Doctorate Ceremony
• Silicon Motion CEO Warns Memory & SSD Shortages Will Drag Into 2028 as AI Firms Lock Up Supply Through Long-Term Contracts
• NVIDIA’s V100, An 8-Year Old GPU, Now Sells for $100 and Crushes Modern Consumer Cards in AI LLM Workloads