Star Stable Entertainment Cuts 20% of Workforce in Restructuring
NewsData.io · United States · Sep 8, 2026
Swedish game developer Star Stable Entertainment has laid off 20% of its staff as part of a cost-reduction restructuring effort. Interim CEO James Watkins cited the need to reduce operating costs and refocus resources to secure the long-term viability of the company's flagship title, Star Stable Online. Majority shareholder Nordisk Games, which holds a 57% stake acquired through investments beginning in 2018, is part of the company's ownership structure through which these decisions are being navigated.
Related stories
Netflix confirmed it is laying off approximately 1,000 employees, representing about 6% of its roughly 16,000-person workforce…
Kroger plans to eliminate more than a third of its roughly 8,200-person corporate workforce over the next three years, with new CEO Greg Foran citing…
Netflix is planning a substantial round of layoffs affecting approximately 5% of its workforce, or roughly 800 employees, according to sources…
A Reuters factbox compiled since October 2025 tracks AI-linked layoffs across more than 20 major companies, ranging from Microsoft (4,800 cuts) and…