{"id":134903,"date":"2023-09-21T18:00:00","date_gmt":"2023-09-21T18:00:00","guid":{"rendered":"https:\/\/www.nintendolife.com\/#article-155809"},"modified":"2023-09-21T18:00:00","modified_gmt":"2023-09-21T18:00:00","slug":"embracer-group-more-tough-decisions-to-come-as-crystal-dynamics-suffers-layoffs","status":"publish","type":"post","link":"https:\/\/sickgaming.net\/blog\/2023\/09\/21\/embracer-group-more-tough-decisions-to-come-as-crystal-dynamics-suffers-layoffs\/","title":{"rendered":"Embracer Group: More “Tough Decisions” To Come As Crystal Dynamics Suffers Layoffs"},"content":{"rendered":"
<\/a><\/div>\n
\"Tomb<\/a>
Image: Crystal Dynamics<\/em><\/figcaption><\/figure>\n

Tomb Raider<\/a> developer Crystal Dynamics is the latest subsidiary of Embracer Group to be hit with cuts, with the studio announcing yesterday on Twitter<\/a> that ten staff had to be let go “due to an internal restructuring”.<\/p>\n

And, at Embracer’s annual general meeting (which you can watch on YouTube<\/a>), CEO Lars Wingefors has stated that the company will need to “continue making tough decisions” in order for the company to become “more cost-efficient” (thanks, Game Developer<\/a>). Wingefors reiterated that these cuts were projected back in June<\/a>, and is “confident to deliver on the targets we set out for the end of the fiscal year,” which means the cuts will continue until at least March 2024.<\/p>\n

Crystal Dynamics was part of Embracer’s big deal with Square Enix back in May 2022<\/a> where it also acquired Square Enix Montr\u00e9al and Eidos-Montr\u00e9al. But this also came a year after the company bought Gearbox<\/a> \u2014 the developer of Borderlands \u2014 and months before it acquired the Lord of the Rings IP and a huge range of other studios<\/a>.<\/p>\n

With yesterday’s announcement, Crystal Dynamics also requested that if any studio has positions open in “Brand Direction, Creative Services, Community, or IT” to reach out to them.<\/p>\n