Electronic Arts lays off 350 employees from their marketing publishing and operations teams while scaling back their staff in Japan and Russia.
CEO Andrew Wilson made the announcement on EA’s website under “Updating Our Organization And Addressing Our Challenges.” Wilson states, “We’re making deliberate moves to better deliver on our commitments, refine our organization and meet the needs of our players. As part of this, we have made changes to our marketing and publishing organization, our operations teams, and we are ramping down our current presence in Japan and Russia as we focus on different ways to serve our players in those markets. Great games will continue to be at the core of everything we do, and we are thinking differently about how to amaze and inspire our players.
It’s hard to say that this wasn’t going to happen since last month, EA’s company stock declined by 18 percent, which is the lowest stock drop since 1999. Not only that, their newest release Anthem didn’t receive a positive reception since its launch. Of course, Apex Legends having 50 million players and releasing their first battle pass may have helped in sales, it’s not enough compared to Anthem’s release sales.
We should also remember that 800 employees were laid off from Activision Blizzard back in February as well. While EA’s 350 employees is only 4% of their total of 9000 workforce, it seems to be a huge layoff at the cost of possibly lessening their presence in Russia and Japan.
Ea May Help find them Jobs.
Either way, Wilson states that the layoffs will create a positive role in the future despite these decisions. “These are important but very hard decisions, and we do not take them lightly,” says Wilson. We are friends and colleagues at EA, we appreciate and value everyone’s contributions, and we are doing everything we can to ensure we are looking after our people to help them through this period to find their next opportunity.”
Hopefully, EA will do their work to help their employees get new jobs.