Neverwinter Future Safe? (for now) LATEST Embracer Lays Off 904 People totall Projects Cancelled

Here is an update from my previous video about potentional layoffs in Cryptic Studios and future of neverwinter in 2023 and in future years.
Embracer Group released its latest financial report, which included updates on how their restructuring is going so far. With debt down to about $1.4 billion, there’s still more to go, even after laying off a confirmed 904 people so far.
In the meantime Cryptic Studios were placed under DECA Games from Gearbox that deals mostly with mobile games.
As stated Embracer will be ongoing with their restructuring moving forward so nothing is set in stone yet and there are many unkowns.

RELEVANT LINKS:

https://www.pcgamer.com/embracers-imp...

https://massivelyop.com/2023/11/03/cr...

https://www.mmorpg.com/news/embracer-...

https://www.videogameschronicle.com/n...

https://www.videogameschronicle.com/n...

https://decagames.com/#6

http://videogamelayoffs.com/

Thank you for watching, and stay safe. Northside!

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TIMESTAMPS:

What happened layoffs: 00:00 - 02:53
Embracer Group Latest: 02:53 - 04:38
More info about layoffs: 04:38 - 06:03
Embracer announce more cuts: 06:03 - 07:59
DECA Games & Future of Neverwinter: 07:59 - 10:57

#neverwinter #mmorpg #gaming