Electronic Arts to lay off 5% of workforce
Tech

Electronic Arts to lay off 5% of workforce

(Reuters) -Videogame maker Electronic Arts said on Wednesday it would reduce 5% of its workforce and expects to incur about $125 million to $165 million in charges as part of the restructuring plan.

   

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(Reuters) -Videogame maker Electronic Arts said on Wednesday it would reduce 5% of its workforce and expects to incur about $125 million to $165 million in charges as part of the restructuring plan.

The company had about 13,400 people, with 65% located internationally as of March 31, 2023, according to a regulatory filing.

(Reporting by Sourasis Bose in Bengaluru; Editing by Shailesh Kuber)

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