"Electronic Arts Announces Layoffs and Game Development Changes"
TL;DR Summary
Electronic Arts is laying off approximately 5% of its global workforce as part of a restructuring plan, with CEO Andrew Wilson citing a focus on optimizing real estate and sunsetting games that may not succeed in the changing industry. As part of the cuts, EA has cancelled an in-development Star Wars first-person shooter at Respawn, with the company pivoting towards new projects based on owned brands. The layoffs are expected to be largely completed by early next quarter, and this move follows similar restructuring plans from other gaming giants like Microsoft and PlayStation.
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