Wednesday, April 24, 2024

An interview with Embracer Group CEO Lars Wingefors on criticism over mass layoffs and studio closures, splitting the company into three, rising debt, and more (James Batchelor/GamesIndustry.biz)

James Batchelor / GamesIndustry.biz:
An interview with Embracer Group CEO Lars Wingefors on criticism over mass layoffs and studio closures, splitting the company into three, rising debt, and more  —  Group owner defends teams and their leaders, says he still believes in the company's mission  —  News by James Batchelor Editor-in-chief



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JD reports Q4 revenue up 13% YoY to ~$48B, its fastest growth in three years and above est., net income up 100%+ to ~$1.4B, as Chinese consumer spending rises (Bloomberg)

Bloomberg : JD reports Q4 revenue up 13% YoY to ~$48B, its fastest growth in three years and above est., net income up 100%+ to ~$1.4B, a...