In an email sent to employees, EA CEO Andrew Wilson say the layoffs will affect around 5% of the company’s workforce, which works out to around 670 employees.
We’re barely two months into 2024 and it’s already shaping up to be a tough year as it applies to job security in the tech industry. Unfortunately, layoff announcements have been coming in at a steady pace. Google, eBay, Discord, Riot Games, and Sony PlayStation have all announced reductions in head counts over the past several weeks, and now Electronic Arts is joining the fray. In an email sent to employees, EA CEO Andrew Wilson outlined the reasons for the layoffs, which the company made public on its website. According to the email, EA will reduce its workforce by around 5%. It’s not clear exactly how many individuals will be let go, though in a regulatory filing with the SEC last year that was related to a restructuring plan, EA indicated it employed 13,400 workers globally. If that’s still the case, a 5% reduction would amount to 670 layoffs.Wilson explained in his company-wide email that the industry is transforming and «player needs and motivations have changed significantly.
