Electronic Arts to Lay Off 5% of Workforce, Scraps 'Star Wars' Game

Electronic Arts (EA), known for games like Madden NFL and Apex Legends, announced its plan to lay off five percent of its workforce and discontinue work on several projects.

This announcement is part of the ongoing downsizing trend in the gaming and tech industries, resulting in numerous job losses.

According to a Tuesday securities filing, EA stated that these layoffs are part of a broader restructuring initiative aimed at supporting strategic priorities and growth initiatives. The company also plans to reduce its office space footprint. Last year, EA reduced its workforce by 800 employees, while Epic Games cut 830 jobs in September. In January, Tencent’s Riot Games announced an 11% reduction in its workforce, and Microsoft disclosed plans to cut 1,900 jobs from its Activision Blizzard and Xbox gaming divisions.

On Tuesday, Sony revealed its plan to cut 8% of its global workforce, equating to around 900 jobs.

Based on EA’s annual report from May of the previous year, the company had 13,400 employees. This means the current layoffs could amount to approximately 600 lost jobs.

CEO Andrew Wilson issued a company-wide letter detailing the publisher’s restructuring, which includes the sunsetting of some live service titles and halting development on certain projects.

In his letter, Wilson explained that EA is streamlining operations to deliver deeper, more connected experiences for fans worldwide, fostering community, influencing culture, and expanding fandom. He mentioned the company's shift away from licensed IPs and the discontinuation of certain titles to focus resources on development.

Wilson addressed the extent of the layoffs and the company's support for affected employees:

"While not every team will be affected, this is the most challenging aspect of these changes, and we have thoroughly explored every option to minimize impacts on our teams. Our main objective is to offer team members opportunities to transition to new roles and projects. Where this isn't feasible, we will provide support and assistance to each colleague with the utmost attention, care, and respect."

calected info

Comments

Meet the Villains of Elden Ring: Shadow of the Erdtree

The highly anticipated trailer for Elden Ring's expansive new content, Shadow of the Erdtree, has finally debuted, delivering an awe-inspiring glimpse into what fans can expect. Among its revelations are the introduction of the primary antagonists. First and foremost is Messmer the Impaler, depicted as a formidable adversary engaged in intense combat with the Tarnished, leaving destruction in his wake. Initially mistaken for Miquella, Messmer remains shrouded in mystery. The Elden Ring website offers some insight into his role: "Within the Land of Shadow, veiled by the Erdtree and where the goddess Marika first tread, a battle once raged unnoticed. It was Messmer's flames that engulfed this land. Miquella, divesting himself of all that was once golden, departed for this realm, awaiting the return of his promised Lord." As for the second antagonist, likely the final boss not yet revealed, we have Miquella, sibling to the notorious boss Malenia. Why Miquella was absen...

Exploring the Diversity of Car Batteries: Types and Technologies

Car batteries are the silent heroes of our vehicles, providing the power necessary to start engines, operate lights, and run various electronic systems. While they all serve the same fundamental purpose, not all car batteries are created equal. In today's automotive market, consumers can choose from a variety of battery types and technologies, each with its own set of advantages and limitations. Lead-Acid Batteries: Lead-acid batteries have been a staple in the automotive industry for decades. They consist of lead plates submerged in an electrolyte solution of sulfuric acid. These batteries are known for their reliability, affordability, and ability to deliver high currents, making them ideal for starting engines. Conventional Flooded Lead-Acid Batteries: These are the most common type of lead-acid batteries found in cars. They require regular maintenance, including adding distilled water to replenish electrolyte levels. Absorbent Glass Mat (AGM) Batteries: AGM batteries are sealed...

Looking for a reliable car battery Dubai, UAE?

Golden Car Battery is your go-to provider for top-notch car battery solutions that ensure a smooth and hassle-free driving experience across the bustling city. Golden Car Battery stands out as a trusted name in the industry, offering an extensive range of high-quality car batteries designed to meet diverse vehicle requirements. Whether you drive a sedan, SUV, or luxury car, their comprehensive selection caters to various makes and models. Why choose Golden Car Battery Dubai ? Firstly, their commitment to quality is unparalleled. They stock batteries from renowned brands, ensuring durability and performance. Moreover, their professional technicians deliver seamless installation services, guaranteeing optimal functionality. Convenience is key when it comes to car battery replacements. Golden Car Battery prioritizes customer convenience by providing on-the-go services. Whether you're stranded on the road or need a quick replacement at home or work, their mobile service ensures prompt ...

goldencarbattery

Search This Blog