“Lord of the Rings” owner Embrace Group has unveiled a dramatic company restructure including the appointment of a new COO, a new CSO, studio closures and lay-offs. “Today we announce a…
” owner Embrace Group has unveiled a dramatic company restructure including the appointment of a new COO, a new CSO, studio closures and lay-offs.
The program is divided into different phases until March 2024 with focus on cost savings, capital allocation, efficiency and consolidation. The initial phase, which is initiated immediately, mainly targets cost savings across the group. The next phase, which also starts immediately, will require further analysis to determine specific actions. The last phase will focus on internal consolidation, further resource utilization and more synergies across the Group.
Our new executive management team members, Matthew Karch and Phil Rogers, will work to implement a revised, thorough review process for investments in our ongoing and potential new game development projects. They will also take the lead on further consolidation of operations, including review of the operative group structure. We will have an increased focus on accountability across the group, ensuring performance is in line with or exceeding current targets.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dog Meets Owner At Door In Desperate Attempt To Get Ahead Of Diarrhea-Rug ScandalKENNEWICK, WA—Deftly maneuvering to control the emotional tone and establish the primacy of her own narrative before the story got out of control, 3-year-old Jack Russell terrier Muffin met her owner at the door upon his return from work Monday in a desperate attempt to get ahead of an unfolding…
Read more »
Austin business owner, cancer survivor raising funds to help kids battling cancerMr. Gatti's Pizza franchise owner Bill Boone has battled and beaten prostate cancer, skin cancer and leukemia. He now wants to help kids do the same.
Read more »
Stolen French bulldog from Oakland smash-and-grab reunited with ownerA French bulldog stolen in a smash-and-grab back in April was safely recovered and reunited with her owner.
Read more »
Just Churros new storefront is forty years in the making for ownerJust Churros has offered up their titular sweet treat to Tucsonans for years. Now they're opening the doors to a brand new storefront, a dream the owner says has been four decades in the making.
Read more »
Boba, French bulldog stolen in Oakland, returned to ownerA French bulldog stolen from an Oakland resident two months ago was mysteriously returned to the owner over the weekend.
Read more »
Owner of Iowa building where deadly collapse happened pleads guilty to civil infraction: documentsAndrew Wold is also among several parties facing at least two lawsuits from building residents.
Read more »