Layoffs
Embracer Has Laid Off 8% of Its Employees and Isn’t Done Yet With Layoffs Despite Record Quarter – Beragampengetahuan
Embracer announced its financial results for the third quarter of the fiscal year 2023/24, related to the period between October and December 2023. We hear that both results are a record high for Q3 for the company, just above expectations, driven by strong performance for Asmodee, Middle-earth Enterprises, and the mobile businesses. As mentioned in […]
Why Companies Do Layoffs Before the Holidays & Disney's Board Battle – Beragampengetahuan
Episode 214: Neal and Toby look at the recent layoffs from Cruise, Hasbro and Etsy and explain why companies announce layoffs just before the holidays. Plus, there’s a board battle brewing at Disney and Starbucks doesn’t run the coffee show in China anymore. The guys share their stocks of the week and why the rental […]
MX vs ATV studio Rainbow Studios impacted by Embracer layoffs – Beragampengetahuan
Embracer Group’s ongoing restructuring efforts have seemingly resulted in layoffs at MX vs ATV Legends developer Rainbow Studios. Linkedin posts from multiple former Rainbow employees indicate the Phoenix-based studio has been downsized as Embracer attempts to steady the ship after declaring its M&A era is officially over. Back in June, the free-spending Swedish conglomerate announced […]
Why Many Companies Get Layoffs Wrong – Beragampengetahuan
CURT NICKISCH: Welcome to the beragampengetahuan IdeaCast from Harvard Business Review. I’m Curt Nickisch. Lately, it’s a regular occurrence to hear about a big company, usually a tech firm, making sizable layoffs. Microsoft laid off 10,000 workers. That’s less than 5% of its workforce. Snap is laying off 20%, Meta, 13%, Salesforce, 10%, and the […]