Electronic Arts to lay off about 5% of its staff
(KRON) — Gaming giant Electronic Arts (EA) plans to lay off approximately 5% of its staff, the company said in a letter posted to its website on Wednesday. Electronic Arts is based out of Redwood City.
In the letter, EA CEO Andrew Wilson cited “an accelerating industry transformation where player needs and motivations have changed significantly.”
“We are streamlining our company operations to deliver deeper, more connected experiences for fans everywhere that build community, shape culture, and grow fandom,” Wilson said.
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Wilson said EA will also terminate certain games and move “away from development of future licensed IP” that company decision-makers do not believe will be successful. The letter did not mention any specific games.
“This greater focus allows us to drive creativity, accelerate innovation, and double down on our biggest opportunities — including our owned IP, sports, and massive online communities — to deliver the entertainment players want today and tomorrow,” Wilson wrote.
EA’s letter said it is working to find pathways for those who have been laid off to find new roles.
“Where that’s not possible, we will support and work with each colleague with the utmost attention, care, and respect,” Wilson said.
EA has already begun informing people who have been laid off. It hopes to be done with that process by early next quarter.
EA has developed world-famous games such as Sims, Apex Legends, Madden and FIFA.
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