Electronic Arts to Cut 5% of Workforce and Sunset Some Games

  • EA cited shifting customer needs and refocusing of company
  • Publisher also pulling back on its real estate holdings

Electronic Arts said it’s cutting 5% of its workforce, or about 670 people, citing shifting customer needs and a refocusing of the company.

EA will also be ceasing development on an undisclosed number of games and pulling back on its real estate holdings, the game publisher’s chief executive officer, Andrew Wilson, told staff in a memo. Wilson added that the company will be “moving away from development of future licensed IP that we do not believe will be successful in our changing industry.”