EA Already Planning Mass Layoffs
Gaming giant Electronic Arts has officially gone private, per its recent acquisition by the Consortium (a collective consisting of Saudi Arabia's sovereign wealth fund known as PIF, Jared Kushner's Affinity Partners investment firm, and Silver Lake). And it seems the changes are going to be immediate, with cuts of up t...
Gaming giant Electronic Arts has officially gone private, per its recent acquisition by the Consortium (a collective consisting of Saudi Arabia's sovereign wealth fund known as PIF, Jared Kushner's Affinity Partners investment firm, and Silver Lake). And it seems the changes are going to be immediate, with cuts of up to $700 million, including cuts for "operational efficiencies."
Original reporting appears on the publisher’s site.
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