this post was submitted on 28 Feb 2024
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Electronic Arts to lay off 5% of workforce, reduce office spaces (www.reuters.com)
submitted 8 months ago by NIB to c/games
11 comments fedilink hide all child comments
 

Videogame maker Electronic Arts (EA.O) , opens new tab said on Wednesday it would reduce 5% of its workforce, as the industry struggles to grow amid high interest rates.

The company expects to incur about $125 million to $165 million in charges as part of the restructuring plan that also includes a reduction in real estate.

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[–] not_that_guy05 51 points 8 months ago (2 children)

You know, work from home would help clear that office space, but we can't have that. Too much power to the employees, why would they.

[–] [email protected] 7 points 8 months ago

A lot of those executives own real estate and need to keep those numbers up. I wonder how long before we pay people to sit in offices just so they can inflate their value.

Wait a minute...

[–] ObamaBinLaden 2 points 8 months ago

It's not about office space. They built a new office which somehow doesn't have enough capacity for everyone but it's still mandatory two days a week. It's just micromanagement at this point.