Elon Musk’s Empire: SpaceX, Tesla, and xAI Merger Talks Spark Investor Debate 
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns 
SpaceX Reports $8 Billion Profit as IPO Plans and Starlink Growth Fuel Valuation Buzz 
Novo Nordisk Warns of Profit Decline as Wegovy Faces U.S. Price Pressure and Rising Competition 
Qantas to Sell Jetstar Japan Stake as It Refocuses on Core Australian Operations 
Boeing Signals Progress on Delayed 777X Program With Planned April First Flight 
SpaceX Updates Starlink Privacy Policy to Allow AI Training as xAI Merger Talks and IPO Loom 
Meta Stock Surges After Q4 2025 Earnings Beat and Strong Q1 2026 Revenue Outlook Despite Higher Capex 
Amazon Stock Dips as Reports Link Company to Potential $50B OpenAI Investment 
Sandisk Stock Soars After Blowout Earnings and AI-Driven Outlook 
Apple Forecasts Strong Revenue Growth as iPhone Demand Surges in China and India 
Denso Cuts Profit Forecast Amid U.S. Tariffs and Rising Costs 
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock 
Palantir Stock Jumps After Strong Q4 Earnings Beat and Upbeat 2026 Revenue Forecast 
Apple Faces Margin Pressure as Memory Chip Prices Surge Amid AI Boom 
Google Cloud and Liberty Global Forge Strategic AI Partnership to Transform European Telecom Services 
Electronic Arts Inc., an American video game company based in Redwood City, California, is laying off 5% of its workforce. This announcement comes amid the declining gaming business.
Electronic Arts is known for its “Madden NFL” and “Apex Legends” video games. Still, despite having popular titles, it failed to escape the harsh economic conditions within the struggling gaming industry. According to Deadline, it must let go of hundreds of employees and discontinue some games it is already working on.
Latest Casualty in the Tech and Gaming Space
The game developer and publisher is the latest prominent name in the industry to trim down its workforce. Before EA, other firms in this field, like Epic Games, Microsoft, and Sony Interactive, were also downsizing, with most of them stating it was a cost-cutting move.
Thousands of employees have lost their jobs recently, and layoffs have continued since the business is not improving, at least for now. For Electronic Arts, the job cuts are part of its broader restructuring focusing on supporting the company’s strategic priorities and growth initiatives. This detail was also indicated in the company’s securities filing this week.
Restructuring Efforts
On top of the layoffs, Electronic Arts’ chief executive officer, Andrew Wilson, also revealed through a memo he sent to employees that they would be undergoing corporate restructuring. This means there could also be terminations of some services and suspension of some projects in development.
CNN Business reported that EA hinted it would also make some changes in its content slate in the future. “We are also sunsetting games and moving away from the development of future licensed (IP) that we do not believe will be successful in our changing industry,” part of the CEO’s memo to staff reads. “We are streamlining our company operations to deliver deeper, more connected experiences for fans everywhere that build community, shape culture, and grow fandom.”
Photo by: Maxim Abramov/Unsplash
