There are a ton of companies that are going through massive layoffs and publisher EA is no exception. They are set to lay off a significant portion of their workforce as the company looks to restructure. This latest round of layoffs comes despite the company bringing in billions last year.
In news reported by GamesIndustry.biz, it’s been revealed that EA will be laying off roughly 6% of its total workforce in the coming months, which equates to around 775 jobs.
EA CEO Andrew Wilson attempted to put a positive spin on the mass firings in a note to employees where he stated that the company is still “operating from a position of strength.” Affected employees are being offered severance pay and “additional benefits such as health care and career transition services.” The layoffs were part of a refocusing of the company’s strategic goals, with Wilson stating that EA’s priorities moving forward will be creating communities around titles with “blockbuster interactive storytelling” and “making the most of those communities with social and creator tools.”
EA, which had about 12,900 staff at the end of March last year, expects to incur between $170 million and $200 million in charges related to the restructuring.
ESPN as well as NFL Network are others that are in the midst of laying off talent.WANT MORE FROM TOTALPROSPORTS? FOLLOW US ON GOOGLE NEWS.