Electronic Arts (EA) announced it will lay off 5% of its workforce, affecting approximately 670 jobs. The decision is part of a plan that includes reducing office space and ending work on some video games. EA’s CEO, Andrew Wilson, stated in a memo that the company is “streamlining our company operations to deliver deeper, more connected experiences for fans everywhere.” The cuts will support EA’s “strategic priorities and growth initiatives.” The company expects its restructuring plan will be “substantially complete” by the end of December. The layoffs are part of a broader trend of significant downsizing across the tech industry.
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