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Mass layoffs expected at EA as the now-private publisher reportedly tells its new debt masters that it's going to cut $700 million in annual costs

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Submitted ⁨⁨2⁩ ⁨weeks⁩ ago⁩ by ⁨inclementimmigrant@lemmy.world⁩ to ⁨games@lemmy.world⁩

https://www.gamesradar.com/games/mass-layoffs-expected-at-ea-as-the-now-private-publisher-reportedly-tells-its-new-debt-masters-that-its-going-to-cut-usd700-million-in-annual-costs/

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Comments

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  • acosmichippo@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

    The Mass [Layoff] Effect

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    • nullspace@lemmy.world ⁨1⁩ ⁨week⁩ ago

      The offices are now just a Dead Space.

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      • criss_cross@lemmy.world ⁨1⁩ ⁨week⁩ ago

        Former engineers are referred to as Apex Legends.

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  • warmaster@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

    This is great news, soon there will be no EA!

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    • empireOfLove2@lemmy.dbzer0.com ⁨2⁩ ⁨weeks⁩ ago

      Perfect timing and a fitting fate, considering they are now owned by blood oil kings and nazi’s

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      • nullspace@lemmy.world ⁨1⁩ ⁨week⁩ ago

        So no change, really.

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    • Strider@lemmy.world ⁨1⁩ ⁨week⁩ ago

      EA died a long time ago.

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      • Aceticon@lemmy.dbzer0.com ⁨1⁩ ⁨week⁩ ago

        It think they were talking about the undead monster one.

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      • muusemuuse@sh.itjust.works ⁨1⁩ ⁨week⁩ ago

        Yet the zombie still harasses us.

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    • scrubbles@poptalk.scrubbles.tech ⁨1⁩ ⁨week⁩ ago

      Maybe that’s a good thing. Maybe the last thing they would do is sell off the up to better firms.

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    • CosmoNova@lemmy.world ⁨1⁩ ⁨week⁩ ago

      It would be if not all the wrong people profited from it.

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  • YouTalkinToMe@lemmy.wtf ⁨2⁩ ⁨weeks⁩ ago

    Wouldn’t that be just the CEO, then?

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  • arotrios@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

    I just realized I haven’t played an EA game in over a decade. SW Battlefront II was the last one, and it felt like a downgrade from the 2005 version.

    I mean, are there any of their titles that have made an impact in the last decade? I can’t think of any other than sports and racing games.

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    • Blackmist@feddit.uk ⁨1⁩ ⁨week⁩ ago

      It Takes Two and Split Fiction were published by EA.

      I also played Titanfall 2 which was a great little campaign.

      That’s about it for me.

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      • mudmaniac@lemmy.world ⁨1⁩ ⁨week⁩ ago

        Once upon a time when Infinity Ward’s founders left Activision because of “Activision”, and formed Respawn with EA, I felt EA were still the good guys in the industry. The Titanfall games were amazing.

        After APEX Legends came out, I feel EA used up most of their Good Karma that they had built in the past.

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    • MentalEdge@sopuli.xyz ⁨1⁩ ⁨week⁩ ago

      The Star Wars Jedi games are genuinely good self-contained no bs single player games.

      I can’t comment on anything else.

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      • ayyy@sh.itjust.works ⁨1⁩ ⁨week⁩ ago

        Self-contained? Don’t they require a verified online account and an internet connection?

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      • NocturnalMorning@lemmy.world ⁨1⁩ ⁨week⁩ ago

        I was gonna throw Star Wars Outlaws in there, but surprisingly that one was ubisoft.

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    • ripcord@lemmy.world ⁨1⁩ ⁨week⁩ ago

      Their new owners pretty much only care about the sports games

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    • Raiderkev@lemmy.world ⁨1⁩ ⁨week⁩ ago

      I got Madden last year so I could get my kid into football. Figured if there was a video game, he’d be interested in learning more about the game, and it worked. Having said that, I’m not buying any new ones for updated rosters, so they won’t be seeing another dime from me.

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    • adhdsergio@lemmy.world ⁨1⁩ ⁨week⁩ ago

      Battlefield 6 is a new one that comes to mind - heard good things, might try it in the “perpetual demo” mode

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      • caut_R@lemmy.world ⁨1⁩ ⁨week⁩ ago

        I was looking at that recently as well, but saw the reviews are at mixed now…

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  • rizzothesmall@sh.itjust.works ⁨1⁩ ⁨week⁩ ago

    “We’re going to have AI write all the games now” ~ some exec

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    • NekoKoneko@lemmy.world ⁨1⁩ ⁨week⁩ ago

      AI told me we can do it!

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    • chiliedogg@lemmy.world ⁨1⁩ ⁨week⁩ ago

      They’re not a game company anymore. It’s getting the Toys R Us treatment. They’re a debt vehicle. They’re gonna borrow against its value, place all the debt into EA while pocketing the cash, and let it die.

      If we’re lucky, they’ll sell off the studios and IP before cutting it loose.

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  • FreddiesLantern@leminal.space ⁨1⁩ ⁨week⁩ ago

    In this whole ordeal that has been EA … I can’t remember a single instance where they tried to do the right thing by listening to the consumer, or employees for that matter.

    It’s amazing they are still around even. Die quicker pls.

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    • Krudler@lemmy.world ⁨1⁩ ⁨week⁩ ago

      The sheer power of licensing hey

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    • Polisheocket@lemmy.zip ⁨1⁩ ⁨week⁩ ago

      They own the rights to madden and college game day, those two alone can keep the doors open

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    • MonkderVierte@lemmy.zip ⁨1⁩ ⁨week⁩ ago

      Fifa games…

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      • cmbabul@slrpnk.net ⁨1⁩ ⁨week⁩ ago

        And Madden, EA Sports, it’s in the game

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  • Donebrach@lemmy.world ⁨1⁩ ⁨week⁩ ago

    Oligarchs oligarching. Every “publisher” and “developer” is firing everyone and are gonna very quickly vanish once it’s remembered that perpetual motion is impossible.

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  • buddascrayon@lemmy.world ⁨1⁩ ⁨week⁩ ago

    Private Equity 101, “buy” a business using borrowed money, put all the debt on the company you “bought”, slash costs, sell off assets, have the company declare bankruptcy and take all the debt with it, rince and repeat… Profit.

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    • muusemuuse@sh.itjust.works ⁨1⁩ ⁨week⁩ ago

      Nobody has ever been able to explain to me why this is legal

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      • buddascrayon@lemmy.world ⁨1⁩ ⁨week⁩ ago

        And as if that wasn’t an insult to the middle class, people like Elon Musk and Jeff Bezos can borrow against their stock holdings as if they were real assets, yet never be taxed on the value. But if you borrow against the value of your house, YOU get taxed on that value.

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      • btsax@reddthat.com ⁨1⁩ ⁨week⁩ ago

        It makes rich people richer

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    • mirshafie@europe.pub ⁨1⁩ ⁨week⁩ ago

      Well when you say it like that it just sounds dumb.

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  • Dadifer@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

    Can’t wait for them to destroy it like they destroyed their golf league.

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  • D_C@sh.itjust.works ⁨1⁩ ⁨week⁩ ago

    People are still buying EA:s unfinished games? Wow.

    I admit that they got me a few times, but I quickly learned not to buy from them again.

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    • numanair@lemmy.ml ⁨1⁩ ⁨week⁩ ago

      But what was the last time you bought a finished game? PS2?

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    • Absolute_Slayer@lemmy.world ⁨1⁩ ⁨week⁩ ago

      I never forgot how ea destroyed battle field

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  • crusa187@lemmy.ml ⁨2⁩ ⁨weeks⁩ ago

    EA sucks ass, hopefully this is the beginning of the end.

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  • Binturong@lemmy.ca ⁨1⁩ ⁨week⁩ ago

    EA, it’s in the grave.

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  • Jyrdano@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

    My only hope is EA dies soon and some other devs take up and resurrect ME and DA

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    • Onyxonblack@piefed.social ⁨2⁩ ⁨weeks⁩ ago

      Honestly like why? I don’t believe either property really needs to continue. Why must everything be an IP.. those games are OLD.. the good ones at least. Let it die.

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      • TeaWithDani@lemmy.world ⁨1⁩ ⁨week⁩ ago

        Mass Effect was really just Bioware not wanting to pay for Star Wars again. Why not do the same and make a new Mass Effect worthy IP?

        The trilogy told the story. Andromeda didnt really add much.

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    • urushitan@kakera.kintsugi.moe ⁨2⁩ ⁨weeks⁩ ago

      Unfortunately I’m pretty sure all this will lead to now they they aren’t beholden to quarterly growth but rather can become a sustained money printer is cutting anything except the sims, modern warfare, and their sports cash cows, and recycling those every year even more than they do now, since people regularly buy those every time a new version (or in the case of the sims expansion) is released

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    • WhiskyTangoFoxtrot@lemmy.world ⁨1⁩ ⁨week⁩ ago

      Someone should make a Freespace RPG. It’s the same story, but since there wasn’t a Freespace 3 they never screwed up the ending.

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  • BC_viper@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

    Yah, i expect not to buy anymore EA games. They had a good run i guess.

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    • LemmyPlaceDN@europe.pub ⁨1⁩ ⁨week⁩ ago

      A good run that ended a long time ago

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  • MBech@feddit.dk ⁨2⁩ ⁨weeks⁩ ago

    So which studios will die this time?

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    • Kojichan@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

      All.

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  • BallShapedMan@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

    I’m shocked… /s

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  • W3dd1e@lemmy.zip ⁨1⁩ ⁨week⁩ ago

    🤞please sell off BioWare so i can play Mass Effect again.

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    • mriormro@lemmy.zip ⁨1⁩ ⁨week⁩ ago

      Nothing’s stopping you from playing mass effect.

      Why does everyone want sequels so badly? Are you all so attached to your nostalgia?

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      • I_Jedi@lemmy.today ⁨1⁩ ⁨week⁩ ago

        Without more content, the franchise will die.

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      • TankovayaDiviziya@lemmy.world ⁨1⁩ ⁨week⁩ ago

        Found Jared Kushner.

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      • phx@lemmy.world ⁨1⁩ ⁨week⁩ ago

        The majority of the series was great, but ME3 left a fair bit of unanswered questions at the end and Andromeda only added them.

        I’d want a sequel because personally the series still feels unfinished

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  • caut_R@lemmy.world ⁨1⁩ ⁨week⁩ ago

    Just trimming some fat (and a leg or two)

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  • FluidBeef@quokk.au ⁨2⁩ ⁨weeks⁩ ago

    Hopefully they will combine the company with Neom so a future romantic poet finds the ruins amid the sands and wonders at the hubris of it.

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  • Dyskolos@lemmy.zip ⁨2⁩ ⁨weeks⁩ ago

    Fuck yourself EA. Wouldn’t buy any more shit from you. Actually I don’t buy us-american stuff at all anymore. Except indie-games.

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    • sobchak@programming.dev ⁨1⁩ ⁨week⁩ ago

      EA is Saudi now.

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      • Dyskolos@lemmy.zip ⁨1⁩ ⁨week⁩ ago

        Doesn’t make it any better…from one slave-country to another.

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  • Tikiporch@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

    They’ll only make sports games, that’s the reliable cash cow.

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  • RememberTheApollo_@lemmy.world ⁨1⁩ ⁨week⁩ ago

    Been playing Electronic Arts games since the 1980’s.

    Even if they are a shit company, Nice knowing ya.

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  • flop_leash_973@lemmy.world ⁨1⁩ ⁨week⁩ ago

    And nothing of real value to gamers will be lost.

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  • Tigeroovy@lemmy.ca ⁨2⁩ ⁨weeks⁩ ago

    Last EA game I played was Skate and that shit was free.

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  • atro_city@fedia.io ⁨2⁩ ⁨weeks⁩ ago

    They didn't waste any time, did they?

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  • Snapz@lemmy.world ⁨1⁩ ⁨week⁩ ago

    Trump fail son in law and journalist murderer

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  • lechekaflan@lemmy.world ⁨1⁩ ⁨week⁩ ago

    Once again, the fucking suits.

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  • Lushed_Lungfish@lemmy.ca ⁨1⁩ ⁨week⁩ ago

    I remember in the before times. When EA made decent games and we were all young, full of hope for the future, life and love were new.

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