Electronic Arts Announces Layoffs

Electronic Arts , Announces Layoffs.<br />In a memo to employees, Electronic Arts (EA) CEO Andrew Wilson announced that the company will <br />lay off about 5% of its staff, Mashable reports. .<br />That equates to almost 700 jobs.<br />[W]e are streamlining our company <br />operations to deliver deeper, more <br />connected experiences for fans <br />everywhere that build community, <br />shape culture, and grow fandom, Andrew Wilson, EA CEO, via memo to employees.<br />In this time of change, we expect these <br />decisions to impact approximately <br />5 percent of our workforce, Andrew Wilson, EA CEO, via memo to employees.<br />[W]e will support and work with <br />each colleague with the utmost <br />attention, care, and respect, Andrew Wilson, EA CEO, via memo to employees.<br />Wilson went on to announce <br />more changes for the company.<br />We are also sunsetting games and <br />moving away from development <br />of future licensed IP that we do <br />not believe will be successful <br />in our changing industry, Andrew Wilson, EA CEO, via memo to employees.<br />Wilson says that this will help EA to hone in on its "biggest opportunities — including [they company's] owned IP, sports, and massive online communities.".<br />The 'Star Wars' game that was being developed <br />by Respawn Entertainment has been canceled. .<br />However, the 'Black Panther' and <br />'Iron Man' titles from Cliffhanger Games <br />and Motive Studios, respectively, remain <br />in development for the time being. .<br />However, the 'Black Panther' and <br />'Iron Man' titles from Cliffhanger Games <br />and Motive Studios, respectively, remain <br />in development for the time being.