Electronic Arts cuts 6% of workforce
Layoff at the video game-making firm could affect 800 roles
By USInMinutes
Published - Mar 30, 2023, 12:47 AM ET
Last Updated - Jul 18, 2023, 04:07 PM EDT
Video game makers Electronic Arts (EA) is cutting 6% of its workforce, the company said in a regulatory filing.
The restructuring move could affect about 800 jobs, the Redwood, California-based company said in the filing with the Securities and Exchange Commission.
The restructuring plan is expected to be complete by September 30, 2023.
The company expects to incur a cost of about $170-200 million for implementing the restructuring plan.
