Electronic Arts Cutting 6% of Staff, Restructuring Teams
Video game giant Electronic Arts (EA) is trimming its headcount as part of a company-wide restructuring.
In a filing to the U.S. Securities and Exchange Commission (SEC) on March 27, EA said it’s cutting approximately 800 jobs, or six per cent of its workforce, as it focuses on “prioritizing investments to [the company’s] growth opportunities and optimizing its real estate portfolio.”
“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,” CEO Andrew Wilson said in a note to staff on March 29.
The company expects the actions associated with its restructuring plan to be “substantially complete” by the end of September.
According to a quarterly filing in March 2022, EA employed a total workforce of nearly 13,000 people.
Impact on Canadian staff
Electronic Arts didn’t disclose how many Canadian employees are affected by the latest round of cuts.
The video game giant has offices in several major cities across the country, including Toronto, Kitchener, Montreal, Edmonton, Victoria, and Vancouver.
According to LinkedIn, the company employs more than 3,200 people in Canada.
If you’re a non-unionized employee, check out our EA Layoffs guide.
You can also use our free Pocket Employment Lawyer tool for real-time insights.
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About the Author
Lior Samfiru
Lior Samfiru is a Founding Partner at Samfiru Tumarkin LLP and the Practice Leader of the firm’s Labour & Employment Law Group. Known for his advocacy and success representing both employees and employers, Lior exclusively serves clients in Ontario, where his extensive experience has made him one of Canada’s most sought-after employment lawyers.
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