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Electronic Arts CEO Andrew Wilson mentioned the corporate is shedding 6% of its workers because it tries to drive extra focus. The transfer will seemingly have an effect on a whole bunch of individuals.
Wilson mentioned that the corporate remains to be sturdy in a submit to workers at this time. EA had about 12,900 individuals about this time final yr.
“As we drive greater focus across our portfolio, we are moving away from projects that do not contribute to our strategy, reviewing our real estate footprint, and restructuring some of our teams. These decisions are expected to impact approximately six percent of our company’s workforce,” Wilson mentioned.
He added, “This is the most difficult part, and we are working through the process with the utmost care and respect. Where we can, we are providing opportunities for our colleagues to transition onto other projects. Where that’s not possible, we are providing severance pay and additional benefits such as health care and career transition services.”
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He mentioned EA started making and speaking these choices earlier this quarter and he expects them to proceed by early subsequent fiscal yr. EA’s fiscal yr ends on March 31.
Wilson mentioned the corporate has rising video games in FIFA 23, Apex Legends, and The Sims. EA additionally reduce about 200 playtesters in February.
“Even amidst macro uncertainty, EA is operating from a position of strength,” he mentioned. “Our business is gaining momentum as we continue to deliver high-quality games and amazing content across some of the largest, most beloved franchises in the world.”
Wilson tried to maintain a optimistic vibe together with his submit.
“We are leaders in a dynamic industry with new audiences, new technology, and new media trends fundamentally reshaping the world around us,” he wrote. “This level of transformation creates powerful opportunities. Now, more than ever, we must be focused on our strategic priorities: 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. These priorities align our investments with opportunities to make the biggest impact.”
Wilson mentioned he prolonged his deep appreciation for EA workers and he mentioned the corporate is “focused on writing our next great chapter by bringing more amazing games to more people around the world — inspiring them to build community, participate in shared fandom, and have joyful experiences.”
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