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Embracer CEO Lars Wingefors, after significant layoffs and studio closures, admits to deserving criticism for company mistakes. Wingefors aims to remain in the position until at least 2041, emphasizing trust from key entrepreneurs and CEOs. The company, facing rising debt, is undergoing restructuring by splitting into three entities.
Lars Wingefors says splitting Embracer was for the greater good...of business The companies that previously made Embracer's games portfolio are also tasked with paying off its $1.5 billion debt. https://t.co/Rt2oyJTXwS https://t.co/rl48S9KCby
"We have taken a lot of financial risk out from Embracer and improved our balance sheet and stability" Lars Wingefors on why Embracer is going away and what happens next https://t.co/CdNp1Nt28B
Embracer CEO Is Full Of Excuses https://t.co/o9KIy21AJk https://t.co/IjgEkLLAeq