"Electronic Arts Announces Layoffs and Game Cancellations"

Electronic Arts plans to lay off five percent of its workforce and discontinue work on several games as part of a broader restructuring aimed at supporting strategic priorities and growth initiatives. The company's CEO, Andrew Wilson, stated that the restructuring will involve sunsetting some live service titles and ceasing the development of certain projects, with a focus on delivering deeper, more connected experiences for fans. The layoffs are expected to impact around 600 jobs, and the restructuring is aimed at becoming more streamlined and doubling down on owned IP, sports, and massive online communities. The decision includes canceling the development of a Star Wars game, while other licensed projects like Iron Man and Black Panther are still in development.