Report: Embracer’s ongoing layoffs kill a new Deus Ex game after 2 years’ work

Swedish firm's acquisitions continue trend of layoffs and cancelled games.

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[Fatesrider]

It's nuts how the subsidiary companies have to take the fallout of their corporate owner's poorly planned spending spree. All to make the losses look less bad now while simultaneously kneecapping their future projects that would bring in much needed revenue.

This is a slow moving train crash

Copy that post and save it.

It can be pasted into virtually every news story that involves a merger acquisition or project being cut to the detriment of the customers and the company, but always to the benefit of the people least deserving of benefiting from other people's misery: "Investors" and the C-levels who get the pay bonuses for "saving the company".