Matt Karch: “Embracer tried to save more jobs like no other”

In connection with the latest events Embracer Group turned into a real corporation of evil in the eyes of gamers. However, the co -founder Saber Interactive and chapter Beacon Interactive Matthew Karch (Matthew Karch) believes everyone criticizes the holding too much.

The leader is sure that the General Director Embracer Lars Wingefors (Lars WINGEFORS) In all solutions is guided by a great sense of justice and prudence. He also emphasized that in Embracer Not much more people were reduced than in other large companies.

The process in which we had to close the studios … killed us. I say “us”, although I am no longer part of the company, because, you know, I still own the holding shares, I have good friends and acquaintances there, so I, of course, wish them all the best. But I would say that Embracer how no one else tried to save as many jobs as possible.

Take a look at Gearbox. It chatmagbingocasino.co.uk has just been sold, right? Studio employees remained in their places until the announcement of the transaction, so? All because Lars did not want to let anyone go, he really wanted to leave everyone. It seems to me that people had a wrong impression about him.

Also Karch He commented on a broken deal Embracer $ 2 billion. According to him, negotiations were really conducted with Savvy Games Group – unit of the sovereign fund of Saudi Arabia.

He is sure that the holding actually did not need this deal, but the pressure due to the need for constant growth played an angry joke. Instead of each of the divisions to continue its development, all of them had to pause these processes in order to sign the contract with common forces Savvy. Believe Karch, Everyone in the company was sure that the deal would close. However, the signing of the papers dragged on too much and, as a result, the disruption of the transaction painfully hit the holding.

Besides, Karch He believes that Embracer became the victim of the so -called play for lowering, when market participants are trying to earn on a fall in the value of the shares.

The cause of the part of the trouble Embracer lies in the fact that this is a public company. People are trying to make a profit from the suffering of other people, playing to reduce the rate of securities. As a result, we received the fallen value of the company’s shares and the subsequent dismissal.

Matthew Karch

Recall, Embracer announced restructuring in June 2023-shortly after it became known about the disruption of a transaction with an unnamed company at that time . The process officially ended at the end of March along with the sale Gearbox. Within the framework of the emergency economy program, more than a thousand people were dismissed, several projects were canceled and three studios were closed. Part of the teams seems to be Saber The holding sold.


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