RobotSquirrel
Arcane
Remember that little assessment I did on Embracer group in the saints row thread. Boy did I fucking call it huh! lol.
Yeah we're not getting Deus Ex anytime soon. Its all collapsing.
I still stand by this assessment to an extent given that the extent of the firings seem to be coming from the Edios holdings and THQ Nordic. But yeah overall I was right to assume that Embracer was on downward trend most of their successes in 2022 offset their disastrous failures - its just been accelerated by a huge collapse in tech investment so 2023 resulted in this outcome - the exception of course being the AI boom hence Embracer's stupid comment about it, that AI is going to continue to grow until it leaves fad (see the dot com boom same happened there). AAA is fucked, the firings will continue.
Yeah we're not getting Deus Ex anytime soon. Its all collapsing.
based on this they had a few flops but they also had a lot of major successes that likely made up for it. You can really tell where the money is going to start flowing into. THQ Nordic, Sabre Interactive and Plaion look a bit on the dead weight side in that they likely have had more failures than successes for the 2022 period. Coffee Stain and Gearbox are likely to get a lot more investment if you look at this.
I still stand by this assessment to an extent given that the extent of the firings seem to be coming from the Edios holdings and THQ Nordic. But yeah overall I was right to assume that Embracer was on downward trend most of their successes in 2022 offset their disastrous failures - its just been accelerated by a huge collapse in tech investment so 2023 resulted in this outcome - the exception of course being the AI boom hence Embracer's stupid comment about it, that AI is going to continue to grow until it leaves fad (see the dot com boom same happened there). AAA is fucked, the firings will continue.
Wow I was very wrong about them reinvesting in gearbox. Yeah this sounds more like its a taking your ball and leaving tantrum.Employees Say ‘Sizable Portion’ Of Gearbox-Owned Studio Has Been Laid Off
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