Electronic Arts Layoffs
February 2024
Electronic Arts announced a layoff affecting 670 employees (5% of its workforce) in February 2024. The company operates in the Consumer sector.
670
5%
Feb 28, 2024
About
Electronic Arts (EA) announced on Wednesday that it will lay off approximately 670 employees, representing 5% of its workforce, which totaled 13,400 as of March 2023. This restructuring is part of a broader plan to streamline operations, reduce office space, and discontinue development on certain games and licensed intellectual properties deemed unlikely to succeed in the evolving industry. CEO Andrew Wilson stated the move aims to focus the company's resources on its core owned IP, sports titles, and massive online communities. The video game industry has seen similar workforce reductions recently, with companies like Sony and Microsoft also implementing cuts. EA expects this restructuring to be largely completed by the end of December.
Source
View Sourcewww.cnbc.comMore Consumer Layoffs
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