Embracer executive says that restructuring is ‘how we win’

Saints Row
(Image credit: Deep Silver)

Embracer Group’s interim chief strategy officer, Phil Rogers, has spoken about the company’s restructuring process, and has referred to the mass layoffs it’s caused as “agonizing” but “a necessary thing for us to hit our new and needed goals.”

In an interview with GamesIndustry.biz, Rogers said that restructuring is “how we win." He added that it’s “got a lot of good conversations going across the business” when it comes to considering how to make the company “leaner, stronger, more focused and – critically – cash self-sufficient,” despite its “agonizing” human impact.

"It's been an agonizing process to see the sort of headcount [reduction], but we know it's a necessary thing for us to hit our new and needed goals,” he continued. “So overall, good progress and we push on."

Some of those affected include a number of staff within Crystal Dynamics (best known for its work on the Tomb Raider and Gex series), as well as Saints Row studio Volition Games, which was shut down in August. In a statement posted to LinkedIn announcing its immediate closure, Volition thanked customers for their support, and said: “You will always be in our hearts.”

Catherine Lewis
News Writer, TechRadar Gaming

Catherine is a News Writer for TechRadar Gaming. Armed with a journalism degree from The University of Sheffield, she was sucked into the games media industry after spending far too much time on her university newspaper writing about Pokémon and cool indie games, and realising that was a very cool job, actually. She previously spent 19 months working at GAMINGbible as a full-time journalist. She loves all things Nintendo, and will never stop talking about Xenoblade Chronicles.