Embracer CEO Who Oversaw High-Profile Acquisitions, Studio Closures, and Thousands of Layoffs to Step Down Later This Year
Lars Wingefors, founder of Swedish gaming company Embracer, is stepping down from his CEO role. Current deputy CEO Phil Rogers will assume the position from August 2025.
Amid Game Closures and a Declining Audience, Call of Duty Is in a Rough Spot — So What’s Next?
Call of Duty fans are still digesting the news that Activision is walking away from Warzone Mobile, the game that was meant to lead the battle royale into a new…
Sony Slammed for Studio Closures in Weird Statement by Union
The closures of Concord developer Firewalk Studios and mobile dev Neon Koi have attracted intense criticism from a labor union in North America. In a rather bizarre statement, the Communication…
CWA labor union blasts Sony over Firewalk Studios & Neon Koi closures
The Communication Workers of America claimed Sony is seeking to 'further its monopoly position in the video game industry.'
GameStop Makes A Surprise Profit, Warns Of Impending Store Closures
GameStop has reported earnings for the quarter that ended on August 3, and, to the surprise of some, the retailer has turned a profit. Despite that, GameStop's stock price is…
Xbox Boss Phil Spencer Addresses Studio Closures – IGN Live 2024
Xbox boss Phil Spencer has addressed the recent closure of a number of studios at Microsoft's gaming business, saying he has to make "hard decisions to run a sustainable business."
Xbox Studio Closures Are Confusing | Spot On
Lucy and Tam discuss the Xbox studio closures and the unclear future they have created.
Xbox President Addresses Bethesda Studio Closures, Says It’s About Keeping Business Healthy Long-Term
Earlier this week, Xbox closed four Bethesda studios, including Redfall developer Arkane Austin and Tango Gameworks, the team behind last year's Hi-Fi Rush. While each of the four studios affected,…
Hades II Cover Story, Xbox Studio Closures, And Animal Well Review | GI Show
In this week's episode of The Game Informer Show, we discuss our Hades II cover story trip to Supergiant Games in San Francisco and Xbox shutting down four game studios,…
GameStop Trims Losses After Store Closures, Layoffs, And More
Video game retailer GameStop has released its latest earnings report, and the company is close to making money again. For the quarter that ended on October 28, GameStop said it…