EA CEO Andrew Wilson announced Wednesday that the company is laying off 6% of its workforce, around 800 workers. He said the company is moving away from projects that ‘do not contribute to our strategy.’
Electronic Arts will lay off more than 700 employees — 6% of the video game publisher’s worldwide workforce of roughly 12,900 — CEO Andrew Wilson said on Wednesday.
The mass dismissals come despite a $1.3 billion gross profit that EA reported for its latest fiscal quarter, according to financial statements given to investors in January. Still, the company at the time also lowered its full year profit expectations, despite revenue and profit increases over the same quarterly period from 2022.
“Even amidst macro uncertainty, EA is operating from a position of strength,” Wilson said in announcing the layoffs. He said EA is “gaining momentum,” but still announced the layoffs a few paragraphs later.
Wilson did not specify which segments of the company would be impacted by the layoffs; he said only that EA will pull away from projects that don’t align with its strategy: “building games and experiences that entertain massive online communities; creating blockbuster interactive storytelling; and amplifying the power of community in and around our games with social and creator tools,” he said.
