EA to lay off 5% of workforce, or about 670 employees
Publishing timestamp: 2024-02-28 16:10:01
Summary
EA announced it will cut 5% of its workforce, part of a plan that includes reducing office space and ending work on some video games. This is part of a broader trend of significant downsizing across the tech industry, with other companies like Sony, Microsoft, Tencent, and Riot Games also announcing layoffs. EA's CEO stated that the cuts will enable the company to focus more on its biggest opportunities.
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Keywords: electronic arts, business, breaking news: technology, business news, layoffs, labor economy, personnel, technology,