### EA Announces Mass Layoffs Amid Industry Transformation

In response to the rapidly evolving gaming landscape, Electronic Arts (EA) has revealed plans to lay off approximately 5% of its total global staff, translating to around 670 individuals. The decision comes as CEO Andrew Wilson acknowledges the "accelerating industry transformation" where player preferences are shifting.

Wilson highlighted that EA will shift focus away from developing future licensed Intellectual Property (IP), opting to concentrate on its established franchises, sports offerings, and massive online communities. The company currently has several high-profile game projects in progress, including Star Wars and Marvel titles like a third Jedi game, Black Panther, and Iron Man.

The layoffs at EA are anticipated to impact various teams, primarily support functions, with developers expected to be redirected to other projects if affected. Wilson noted that these organizational changes are already underway and are set to be finalized by early next quarter.

Acknowledging the difficult decisions that accompany these layoffs, Wilson emphasized the company's commitment to assisting impacted employees in transitioning to new roles or projects when possible. He assured that the restructuring aims to foster creativity, drive innovation, and capitalize on growth opportunities within EA's core areas.

The move by EA is part of the broader trend in the gaming industry, marked by significant layoffs at various studios in recent months, impacting thousands of developers. These actions are interpreted as responses to challenges such as company overspending, shifting player demands, and a volatile market environment.

EA's strategic realignment underscores the company's effort to meet changing consumer expectations, deliver engaging entertainment experiences, and strengthen its position in the competitive gaming sector. The company's proactive stance appears geared towards adapting to industry shifts and ensuring sustained growth and relevance in the evolving gaming landscape.