In recent days, the waters in the technology sector have not settled. Beloved game company Electronic Arts is now among the organizations conducting mass layoffs. The company will part ways with 670 employees in various departments worldwide, thus losing 5% of its total workforce.
This situation means that Ridgeline Games studio will be closed, and the Star Wars game being developed by Respawn Entertainment will be canceled. In March 2023 alone, 774 employees were laid off, raising significant questions about the company’s future. Here are all the details…
Electronic Arts joins the layoff wave!
Electronic Arts, the creator of popular series like Need for Speed and Battlefield, could be said to be paying the price for its intensive hiring during the pandemic. The company will undergo a significant reduction in personnel, aiming to allocate the remaining budget to other projects. While the previously announced Iron Man and Black Panther games are still in development, there are rumors that these games may be released later than expected.
This news is considered part of the significant transformation occurring in technology companies. Technology giants that underwent massive hiring during the Covid period are now forced to lay off staff due to decreased demand. Although this situation may leave a bitter taste in the industry, on the other hand, it seems like a necessary move. Ultimately, we hope that all these developments will be beneficial for gamers.
What do you think about this topic? Do you think Electronic Arts’ strategy is correct? You can easily share your thoughts with us in the comments section below. Your opinions are very valuable to us.
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