1 row is stored for this page
| Field | Field type | Value |
|---|
| _modificationDate | Datetime | 2023-06-13 4:31:37 PM |
| _pageID | Integer | 2,001 |
| _pageName | Page | Embracer Group Reveals Restructuring Program |
| _pageTitle | String | News/Embracer Group Reveals Restructuring Program
|
| _pageNamespace | Integer | 0 |
1 row is stored for this page
| Field | Field type | Value |
|---|
| source | Page | Games Industry |
| url | String | https://www.gamesindustry.biz/embracer-announces-restructuring-program-studio-closures-expected |
"News" values
1 row is stored for this page
| Field | Field type | Allowed values | Value |
|---|
| image | File | | |
| image_alt | String | | |
| tags | List of String, delimiter: , | | Embracer |
| targets | List of Page, delimiter: , | | |
| date | Datetime | | 2023-06-13 4:15:55 PM |
| author | Page | | Dante Uzel |
| category | List of String, delimiter: , | Transfer Market · Drama · Business · Companies · Hires · Investments · Mergers and Acquisitions · Sponsorships · More | Companies |
| game | List of String, delimiter: , | Age of Empires · Apex Legends · Brawl Stars · Call of Duty · Counter Strike · Dota 2 · FIFA · Fortnite · Hearthstone · League of Legends · Mobile Legends · NBA 2K · Overwatch · PUBG · PUBG Mobile · Rainbow Six · Rocket League · Smash · Starcraft II · Valorant · Warcraft III · World of Warcraft · Wild Rift | |
| content | Text | | Gaming giant Embracer Group will go through a restructuring program. The company stated "the closing of studios and termination of projects, that have not yet been announced and with low projected returns." The scope of the program is,
* Matthew Karch appointed interim Chief Operating Officer, and Phil Rogers appointed interim Chief Strategy Officer, to co-lead the program planning and implementation
* Reduction of general overhead, corporate, publishing and SG&A costs
* The closing of studios and termination of projects, that have not yet been announced and with low projected returns
* Creation of a more comprehensive, centralized process for game investment and progress review, while maintaining creative freedom
* Consolidation of companies and businesses, including review of operative group structures
* Reduction of investments into external development with greater focus on internal development based on owned or controlled IP
* Increased external funding of internally developed, large-budget games
* Renewed focus on the Group’s main business areas
* Implementing a centralized and standardized, more data-driven and precise approach to game forecasting |
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