CEO Andrew Wilson made the announcement Wednesday. The California-headquartered video game developer had 12,900 employees last March, suggesting the cuts could impact around 770 workers. In an SEC filing, the company said it expects to incur a charge of up to US$200 million for employee severance, office space cuts and other restructuring costs. (The Logic)
Talking point: EA is a major player in Canada’s video game industry with offices in Victoria, Vancouver, Edmonton, Kitchener, Toronto and Montreal. When asked how the layoffs will affect EA’s Canadian employees and operations, spokesperson Charlie Fortescue referred to Wilson’s message to employees and said the company had no further comments. “As we drive greater focus across our portfolio, we are moving away from projects that do not contribute to our strategy, reviewing our real estate footprint, and restructuring some of our teams,” Wilson said in the announcement. Last month, EA reportedly cancelled a yet unannounced game based on the Apex Legends and Titanfall franchises.