"The Square Enix Group, an integrated entertainment group, has today announced plans for further expansion in Montréal with the growth of its Eidos-Montréal studio and the creation of a new second studio, Square Enix Montréal, to open in 2012." -- Wiiloveit.com (Official Press Release)
Yeah, they should be renamed to Embarrassment Group at this point. Bought every studio they could lay their hands on just to fire people from them, close them or cancel their games.
100 % The CEO is a PIG and it showcases how Embarrassment Group has always been a sham of a company
within the game industry !
Seems like the most turnover is being generated by companies making acquisitions and cuts.
It's like they don't know their behinds from their elbows.
UPS just signed all their drivers to a huge contract.
In order to afford the contract, UPS is laying off management.
That's how all of this should work. Lay off management. That's how a business can be more "efficient."
I know, but they laid off 97 employees and canceled my most anticipated release from their studio.
Bro f$&k Embracer. How do companies not even understand basic concepts like “don’t count your chickens before they hatch”? And now all these peoples lives are upended because of it.
Fkn trash. They had no business buying up all those studios with house money. I been waiting so long for the next Deus Ex. All these large scale consolidations are bleeding out the industry one at a time.
They were banking on Saudi money. When the Saudi Government backed down everything fell apart.
Embracer Group has reportedly canceled a new Deus Ex game after two years in development and laid off some staff.
Who even cancels a new Deus Ex game? Are they stupid or something? Its Deus Ex ffs!
Embracer is now acting worse than Square Enix!
Lars Wingefors, the CEO of Crystal Dynamics and Eidos parent company Embracer, provided an update on the group’s pipeline of triple-A projects during a quarterly earnings presentation on Thursday.
He defined triple-A games as titles that have over 100 full-time developers at the peak of their development phase.
They must also have notable or significant marketing budgets and are expected to sell at least two million units.
And if development work is paid for by an external partner, Embracer must also have a notable economic upside.
I would presume a new Tomb Raider and Deus Ex game is on its way, and a Perfect Dark title, but I do wonder what the other two games might be. Legacy of Kain and one more Marvel game?
Can only hope a new legacy of kain game is coming!!
A new deus ex would be sick as well!!
