March 29, 2023

Due to Global Crisis, EA Lays Off 6% of Workforce

This post may contain affiliate links from places like Amazon and Green Man Gaming — and we may earn a small commission when you click these links. All earnings will go to keeping this website as minimally ad-free as possible. Learn more here.

Due to Global Crisis, EA Lays Off 6% of Workforce

By Nick | March 29, 2023

According to The Wall Street Journal, Electronic Arts is reportedly laying off approximately 6 percent of its workforce, as reported by The Wall Street Journal. In an announcement made Wednesday, EA CEO Andrew Wilson stated that job elimination was part of the company's efforts to reassess its investment strategy and economize on office space.

EA Lays off 6% of Its Workforce

Wilson states that they are driving greater focus across their portfolio, moving away from projects that do not contribute to their strategy, reviewing their real estate footprint, and restructuring some of the teams. These decisions are expected to impact approximately six percent of the company's workforce.

Wilson does not disclose the departments that will be affected by layoffs, but he does note that his company will provide "opportunities for our colleagues to transition onto other projects" when practical. According to the Journal, EA had a reported employee count of 13,000 last year; this means a 6 percent cut could indicate the elimination of approximately 780 jobs. The company has already started informing some affected workers in this quarter and anticipates these notifications to persist until early in the next fiscal year.

EA will provide severance pay, healthcare, and transition services to the workers affected by the layoffs and restructuring, as stated in an 8-K form filed with the Securities and Exchange Commission. Charges stemming from this process are estimated to total between $170 million and $200 million. Electronic Arts (EA), publisher of popular games such as The Sims and Madden NFL, laid off roughly 200 Apex Legends testers within a Zoom call in February, according to a report by Kotaku.

As part of the company's effort to reduce spending, EA announced their decision to terminate Apex Legends Mobile in January and ceased developing their previously started Battlefield mobile title. Additionally, the business declared the cancellation of an upcoming Titanfall sole-player game.


February 28, 2024
Turtle Power: The Return of Heroes in a Half Shell!

Join the Teenage Mutant Ninja Turtles in their latest adventure and experience new levels, bosses, and co-op action on all major platforms in 2024.

Read More
January 14, 2024
Max Payne: Why This Noir Classic Remains Unbeaten

From its groundbreaking Bullet Time mechanic to its gripping noir narrative, find out how this classic has stood the test of time.

Read More
January 14, 2024
They're Coming... Arrival: Zero Earth (Steam) Review

Arrival: Zero Earth uses the immediate threat of a War of the Worlds apocalypse to echo with a gasping frenzy the feelings of vulnerability that highlights our fears of the unknown and the unexpected.

Read More

POPULAR POSTS

February 26, 2023
Rain World: Downpour Review | WalaWalaGames

Slugcats have adapted to harsh conditions alongside predators! Survive environmental dangers and explore uncharted territory in this DLC

April 14, 2017
Outlast 2 Review - Flippin' Terrifying

There’s not really a whole lot to say about Outlast 2, other than: It’s flippin’ terrifying.

June 6, 2023
Ready or Not, Here They Come: Government's Crash Course in UFO Etiquette

UFOs Are Real, and the Government Is Ready: Preparing the Nation for Extraterrestrial Encounters

February 7, 2023
John Carmack Believes That AI is on Track to Simulate the Human Brain's Capabilities in Less than a Decade

In a bold prediction, John Carmack believes that artificial intelligence is on track to simulate the human brain's capabilities in less than a decade.

September 23, 2021
Help Aliens Escape Rural Germany in Plan B From Outer Space: A Bavarian Odyssey

A clash of cultures like you’ve never seen before,

envelope
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram