- Electronic Arts, a major video game publisher, is cutting more than 650 jobs as part of a restructuring plan announced on Wednesday.
- The restructuring aims to optimize global real estate, focus on owned IP, sports, and online communities, and streamline company operations for deeper fan experiences.
- The plan includes incurring charges of $125 million to $165 million, canceling a Star Wars first-person shooter game, and sunsetting licensed mobile games like Kim Kardashian Hollywood.
- The decision to pivot from the Star Wars game follows player preferences for Jedi and owned brands, with a focus on new projects and existing game support.
- EA CEO Andrew Wilson expressed the company’s commitment to innovation, collaboration, and providing opportunities for affected employees to transition to new roles or projects.
https://www.hollywoodreporter.com/business/digital/video-game-giant-ea-layoffs-1235839026/
Related Video
Published on: February 28, 2024
Description: EA getting rid of 670 workers. The gaming industry continues to shed lots of people!
Electronic Arts Makes Major Cuts - 5% reduction in staff.
Related Wikipedia Articles
Topics: No responseResponse
Response may refer to: Call and response (music), musical structure Reaction (disambiguation) Request–response Output or response, the result of telecommunications input Response (liturgy), a line answering a versicle Response (music) or antiphon, a response to a psalm or other part of a religious service Response, a phase in emergency management...
Read more: Response
