Embracer chairman says cost control 'does not get enough respect' after presiding over years of layoffs

Embracer chairman Lars Wingefors defended cost control as undervalued after the company's repeated layoffs and studio closures. He stated the company will continue divesting non-core studios through 2026 to reduce debt from the canceled Saudi PIF investment, emphasizing operational efficiency as central to Embracer's turnaround strategy.

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Appeared in 2026-05-21.