Gaming conglomerate Embracer laid off 900 people as net sales rise, more cuts to come

Gaming conglomerate Embracer laid off 900 people as net sales rise, more cuts to come

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Swedish mega-publisher Embracer Group has laid off more than 900 people as it looks to mitigate its massive $1.3 billion in debt. With these cuts — and more to come — Embracer expects to lower that number to below $1 million by the fiscal year’s end. The company, which is known for its rapid…

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