Jobhunter Posted February 29 Share Posted February 29 Following Sony Playstation’s downsizing news yesterday, the gaming industry is further intensified today by fresh layoffs by another major industry player. Electronic Arts (EA), the renowned video game publisher, has announced a significant reduction in its workforce. The Redwood City-based company, known for popular video games like Apex Legends and The Sims, is laying off approximately 5% of its staff. This translates to around 670 individuals. The decision, announced by CEO Andrew Wilson, has sent ripples through the gaming industry. Wilson stated that the company had deeply considered every option to try and limit impacts to their teams. The layoffs are part of EA’s response to what Wilson refers to as an “accelerating industry transformation” where player needs and motivations have changed significantly. The restructuring plan also includes the closure of Ridgeline Games and the cancellation of a Star Wars first-person shooter at Respawn Entertainment. Furthermore, EA is moving away from the development of future licensed IP. This strategic shift indicates a focus on owned IP, sports, and massive online communities. The layoffs and strategic shift have raised questions about the future of EA and the gaming industry as a whole. As the dust settles on this announcement, one can’t help but wonder: What does this mean for the future of gaming? How will this impact the landscape of the industry? We invite you to share your thoughts and perspectives on this significant development. Read more: https://www.ign.com/articles/ea-to-lay-off-around-670-to-advance-the-way-we-work https://www.polygon.com/24086077/electronic-arts-ea-layoffs-february-2024 https://edition.cnn.com/2024/02/28/tech/electronic-arts-layoffs/index.html Top image: 777ers | Dreamstime.com Quote Link to comment Share on other sites More sharing options...
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