EA to Fire 5% of Employees

Business

29 February 2024 09:27

Electronic Arts (EA) has unveiled plans to downsize its workforce by 5%, shrinking office spaces and canceling several projects. As of March 2023, EA has a workforce of 13,400 employees, approximately 670 jobs may be impacted by the layoffs.

“We are continuing to optimize our global real estate footprint to best support our business,” Andrew Wilson stated “We are also sunsetting games and moving away from development of future licensed IP that we do not believe will be successful in our changing industry.”

This move by EA aligns with a broader trend of downsizing witnessed across the tech industry, particularly among video game developers. Recently we have seen big names such as PlayStation lay of employees as well Unity laying off hundreds.

Tags: Electronic Arts

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EA to Fire 5% of Employees

Business

29 February 2024 09:27

Tags: Electronic Arts

Electronic Arts (EA) has unveiled plans to downsize its workforce by 5%, shrinking office spaces and canceling several projects. As of March 2023, EA has a workforce of 13,400 employees, approximately 670 jobs may be impacted by the layoffs.

“We are continuing to optimize our global real estate footprint to best support our business,” Andrew Wilson stated “We are also sunsetting games and moving away from development of future licensed IP that we do not believe will be successful in our changing industry.”

This move by EA aligns with a broader trend of downsizing witnessed across the tech industry, particularly among video game developers. Recently we have seen big names such as PlayStation lay of employees as well Unity laying off hundreds.

Share:

Sources:

Report mistake Submit news