Comment on Electronic Arts to Cut 400 Jobs, Shut Down BioWare

forkDestroyer@infosec.pub ⁨2⁩ ⁨weeks⁩ ago

• ampersandrew@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

  The Saudis and Jared Kushner, but mostly the Saudis. It’s a private equity fund, and they used a leverage buyout for the sale, which means they basically took out a loan against the thing they’re buying in order to fund it. There’s a lot of debt to pay interest on, and cost cutting was inevitable.

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  • forkDestroyer@infosec.pub ⁨2⁩ ⁨weeks⁩ ago

    Revenge for what they did to Dead Space 3, then.

    Hopefully another company can gobble up bioware talent, at least.

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• Balldowern@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

  A.I is the reason.

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  • forkDestroyer@infosec.pub ⁨2⁩ ⁨weeks⁩ ago

    Can you expand on this?

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