Electronic Arts Announces Layoffs

Electronic Arts , Announces Layoffs.
In a memo to employees, Electronic Arts (EA) CEO Andrew Wilson announced that the company will
lay off about 5% of its staff, Mashable reports. .
That equates to almost 700 jobs.
[W]e are streamlining our company
operations to deliver deeper, more
connected experiences for fans
everywhere that build community,
shape culture, and grow fandom, Andrew Wilson, EA CEO, via memo to employees.
In this time of change, we expect these
decisions to impact approximately
5 percent of our workforce, Andrew Wilson, EA CEO, via memo to employees.
[W]e will support and work with
each colleague with the utmost
attention, care, and respect, Andrew Wilson, EA CEO, via memo to employees.
Wilson went on to announce
more changes for the company.
We are also sunsetting games and
moving away from development
of future licensed IP that we do
not believe will be successful
in our changing industry, Andrew Wilson, EA CEO, via memo to employees.
Wilson says that this will help EA to hone in on its "biggest opportunities — including [they company's] owned IP, sports, and massive online communities.".
The 'Star Wars' game that was being developed
by Respawn Entertainment has been canceled. .
However, the 'Black Panther' and
'Iron Man' titles from Cliffhanger Games
and Motive Studios, respectively, remain
in development for the time being. .
However, the 'Black Panther' and
'Iron Man' titles from Cliffhanger Games
and Motive Studios, respectively, remain
in development for the time being.