EA restructuring, laying off 6% of workforce

Electronic Arts today announced that it will be laying off approximately 6% of its staff as part of a restructuring plan that also includes optimizing its real estate portfolio and re-focusing its efforts around growth opportunities.

EA's last annual report said it employed 12,900 people globally as of the end of March 2022, when a 6% cut would have put the total number of layoffs around 775.

In a note to staff about the cuts, EA CEO Andrew Wilson emphasized that the company "is operating from a position of strength" and will be focused on a handful of strategic priorities going forward: building games with large communities based on its biggest IP, making the most of those communities with social and creator tools, and "creating blockbuster interactive storytelling."

Read more



from GamesIndustry.biz Latest Articles Feed https://ift.tt/Uve2ZBP
//

Comments