“Madden” maker Electronic Arts scraps games and lays off hundreds of employees
For the fourth time since 2023, games publisher Electronic Arts is doing a round of layoffs.
The “Madden” maker is reportedly cutting between 300 and 400 jobs, including about 100 at a subsidiary that was developing a "Titanfall" game. EA employed 13,700 people globally as of March 2024.
Earlier this year, EA slashed its fiscal year net bookings forecast from between $7.5 billion and $7.8 billion to as low as $7 billion, citing underperforming games such as “Dragon Age” and “EA Sports FC 25,” its poorly reviewed rebrand of FIFA.
In February, EA rival Warner Bros. shuttered three of its studios and canceled a “Wonder Woman” game it had already sunk more than $100 million into.
Earlier this year, EA slashed its fiscal year net bookings forecast from between $7.5 billion and $7.8 billion to as low as $7 billion, citing underperforming games such as “Dragon Age” and “EA Sports FC 25,” its poorly reviewed rebrand of FIFA.
In February, EA rival Warner Bros. shuttered three of its studios and canceled a “Wonder Woman” game it had already sunk more than $100 million into.
