Electronic Arts plans to lay off 5 per cent of its employees, making it the latest company in the gaming and tech space to reduce its workforce.
EA, the maker of lucrative game franchises such as the Madden NFL games and Apex Legends, said the layoffs are part of a broader restructuring aimed at supporting "strategic priorities and growth initiatives," according to a Tuesday securities filing. EA added that it plans to reduce its office space footprint.
The company also indicated it plans to make changes to its future content slate.
"We are also sunsetting games and moving away from development of future licensed (intellectual property) that we do not believe will be successful in our changing industry," EA CEO Andrew Wilson said in a memo to employees on Wednesday that was included in the company's securities filing. "We are streamlining our company operations to deliver deeper, more connected experiences for fans everywhere that build community, shape culture, and grow fandom."
The video game industry has been slashing jobs over the past year. EA itself laid off around 800 employees last year.
Epic Games cut 830 jobs in September. In January, Tencent's Riot Games said it would lay off 11 per cent of its workforce and Microsoft said it would cut 1,900 jobs from its Activision Blizzard and Xbox gaming divisions. And electronics giant Sony said on Tuesday it would cut 8 per cent of its global workforce, amounting to around 900 jobs.
EA said in its most recent annual report, filed in May of last year, that it had 13,400 employees as of March 31, 2023. That means that after its cuts to staff last year, Wednesday's layoffs could affect more than 600 workers.
EA's stock closed up nearly 0.5 per cent on Wednesday. The company's shares have risen nearly 27 per cent from this time last year.
Iran launched at least 180 missiles into Israel on Tuesday, the latest in a series of escalating attacks in a yearslong conflict between Israel and Iran and its Arab allies that threatens to push the Middle East closer toward a regionwide war.
As war in the Middle East spread Tuesday, Foreign Affairs Minister Mélanie Joly 'unequivocally' condemned Iran's move to fire dozens of missiles into Israel but asked the Jewish state not to respond in a bid to avoid further escalation.
Prime Minister Justin Trudeau's Liberal government survived another Conservative-led non-confidence vote on Tuesday, the second in less than a week. This, the same day the Bloc Quebecois had an opportunity to table a non-confidence motion of its own, opting instead to push the Liberals to support one of its key demands.
Tributes have started pouring in for a Midland, Ont. man who died after reportedly being struck by an unmarked provincial police vehicle over the weekend.
A 13-year-old girl has been charged with allegedly murdering her s-year-old sister in Taylor over the weekend.
An attorney said Tuesday he is representing 120 accusers who have come forward with sexual misconduct allegations against Sean “Diddy†Combs, the hip-hop mogul who is awaiting trial on sex trafficking charges.
Owners of small and medium-sized businesses will finally receive their long-awaited carbon pricing refunds before the end of this year, Finance Minister Chrystia Freeland announced on Tuesday.
At least six people were killed and nine wounded in a suspected shooting and stabbing terror attack in Tel Aviv on Tuesday, Israeli police said.
John Amos, who starred as the family patriarch on the hit 1970s sitcom 'Good Times' and earned an Emmy nomination for his role in the seminal 1977 miniseries 'Roots,' has died. He was 84.
Three design concepts have been unveiled to replace the aging Alexandra Bridge connecting Ottawa and Gatineau over the Ottawa River.
Kingston, Ont. police say several people have been arrested and charged following a break-in at a home in the city's east end last week.
Calgary five most expensive homes for sale as of Oct. 1, 2024.
The abatement and decommissioning work at 24 Sussex Drive is complete, as the National Capital Commission awaits a decision by the federal government on the future of the official residence of the prime minister.
Toronto’s public school board cancelled approximately six planned field trips to Nathan Phillips Square for National Truth and Reconciliation Day amid concerns about the potential for protest.
Community members are searching for Nacho the kitten, who was allegedly stolen from an Orléans pet store last week.
Tim Walz and JD Vance will meet for their first and possibly only vice-presidential debate Tuesday, in what could be the last debate for both campaigns to argue their case before the U.S. election.
A 13-year-old girl has been charged with allegedly murdering her s-year-old sister in Taylor over the weekend.
At least six people were killed and nine wounded in a suspected shooting and stabbing terror attack in Tel Aviv on Tuesday, Israeli police said.
A bus carrying young students and their teachers on a school trip caught fire in suburban Bangkok on Tuesday, leaving more than 20 feared dead, officials and rescuers said.
As Israel pummels southern Lebanon with airstrikes, tens of thousands of residents are fleeing their homes in fear. But Hamza is staying. His mission is to care for the dogs and other animals left behind.
Black-coloured plastic used in children’s toys, takeout containers, kitchen utensils and grocery meat and produce trays may contain alarming levels of toxic flame retardants that may be leaching from electronic products during recycling, a new study found.
Prime Minister Justin Trudeau's Liberal government survived another Conservative-led non-confidence vote on Tuesday, the second in less than a week. This, the same day the Bloc Quebecois had an opportunity to table a non-confidence motion of its own, opting instead to push the Liberals to support one of its key demands.
As war in the Middle East spread Tuesday, Foreign Affairs Minister Mélanie Joly 'unequivocally' condemned Iran's move to fire dozens of missiles into Israel but asked the Jewish state not to respond in a bid to avoid further escalation.
Owners of small and medium-sized businesses will finally receive their long-awaited carbon pricing refunds before the end of this year, Finance Minister Chrystia Freeland announced on Tuesday.
This fall and winter, Ontario, Quebec and Nunavut will offer the newer monoclonal antibody nirsevimab — approved by Health Canada in the spring of 2023 — to all babies going through their first RSV season.
The Public Health Agency of Canada says it is not providing Novavax's COVID-19 vaccine this respiratory virus season, citing low demand.
Black-coloured plastic used in children’s toys, takeout containers, kitchen utensils and grocery meat and produce trays may contain alarming levels of toxic flame retardants that may be leaching from electronic products during recycling, a new study found.
The two astronauts stuck at the International Space Station since June welcomed their new ride home with Sunday's arrival of a SpaceX capsule.
The space rock — 2024 PT5 — was first spotted in August by astronomers at Complutense University of Madrid using a powerful telescope located in Sutherland, South Africa.
Canadian innovators and technical leaders gathered in Ottawa Thursday to demonstrate the latest cutting-edge technology.
An attorney said Tuesday he is representing 120 accusers who have come forward with sexual misconduct allegations against Sean “Diddy†Combs, the hip-hop mogul who is awaiting trial on sex trafficking charges.
Frank Fritz, who appeared on the History Channel antiques collector show 'American Pickers,' has died, according to his co-presenter and 'American Pickers' creator Mike Wolfe. Fritz was 60.
John Amos, who starred as the family patriarch on the hit 1970s sitcom 'Good Times' and earned an Emmy nomination for his role in the seminal 1977 miniseries 'Roots,' has died. He was 84.
Restaurant company SIR Corp. is investigating a cybersecurity incident that has impacted part of its information technology infrastructure.
The 45,000 dockworkers who went on strike Tuesday for the first time in decades at 36 U.S. ports from Maine to Texas may wield the upper hand in their standoff with port operators over wages and the use of automation.
Canada will be imposing a 25 per cent surtax on select imports of steel and aluminum from China, after unveiling its final list of impacted products on Tuesday.
Baby hippo, Moo Deng, has become a viral sensation, with her adorable photos and videos flooding social media and even earning a skit on Saturday Night Live.
A code of conduct will be enforced on the online dating industry to better protect Australian users after research found that three-in-four people suffer some form of sexual violence through the platforms, Australia’s government said on Tuesday.
If you find it odd that Kate McKinnon chose her first book to be for middle-grade kids, the former “Saturday Night Live†star says, think again.
Ryan Hunter's athleticism has been on full display since his arrival in the CFL, but the Canadian's versatility is now shining through.
Toronto Raptors team president Masai Ujiri tried to lay to rest rumours that he has friction with Edward Rogers, the executive chair of Rogers Communications, Inc.
Dikembe Mutombo, a Basketball Hall of Famer who was one of the best defensive players in NBA history and a longtime global ambassador for the game, died Monday after a battle with brain cancer, the league announced. He was 58.
General Motors’ Cruise autonomous vehicle division will pay a US$1.5 million penalty after the unit failed to fully report a crash involving a pedestrian, the National Highway Traffic Safety Administration said Monday.
A tale about a taxicab hauling gold and sinking through the ice on Larder Lake, Ont., in December 1937 has captivated a man from that town for decades.
A U.S. driver somehow squeezed her vehicle through a parkade hallway at a Metro Vancouver casino Thursday, before getting stuck at an elevator bank.
On Saturday night at her parents’ home in Delaware, Ont. the Olympic bronze medallist in pole vault welcomed everyone who played a role in getting her to the podium in Paris.
A tale about a taxicab hauling gold and sinking through the ice on Larder Lake, Ont., in December 1937 has captivated a man from that town for decades.
When a group of B.C. filmmakers set out on a small fishing boat near Powell River last week, they hoped to capture some video for a documentary on humpback whales. What happened next blew their minds.
A pizza chain in Edmonton claims to have the world's largest deliverable pizza.
Sarah McLachlan is returning to her hometown of Halifax in November.
Wayne MacKay is still playing basketball twice at Mount Allison University at 87 years old.
A man from a small rural Alberta town is making music that makes people laugh.
An Indigenous artist has a buyer-beware warning ahead of Sept. 30, the National Day for Truth and Reconciliation.
Police are looking to the public for help after thieves broke into a Lethbridge ice creamery, stealing from the store.
A young man has been charged with first-degree murder after police were called to investigate a suspicious death on Vancouver Island over the weekend.
A small bush on a ledge appears to have "miraculously" saved the life of a climber who fell down the steep slope of a mountain, according to B.C. search and rescue crews.
Police in Kelowna, B.C., say they're investigating a violent attack on a girl that was captured on video on Friday night.
A 33-year-old man has been arrested after two females were found dead inside a home in Courtice, Ont. on Tuesday afternoon.
One person is dead and two others are in hospital after a break-in at a Mississauga home early Tuesday morning ended in gunfire, Peel police say.
The second teen to be sentenced in the death of a Toronto homeless man will not serve any more time in custody but will spend close to two years under probation.
A man has been charged with sexual assault following an incident involving a seven-year-old girl in Calgary's Fish Creek Park in August.
The Alberta Energy Regulator (AER) says safeguards have been put in place at a gas well fire north of the town of Cochrane.
Last summer, Garfield Park celebrated its opening as a fully fenced-in off-leash dog park, but a year later it turns out it was all a big mistake.
Three design concepts have been unveiled to replace the aging Alexandra Bridge connecting Ottawa and Gatineau over the Ottawa River.
The Ottawa Police Service is investigating a crash between a vehicle and an e-scooter that left a youth with serious injuries on Monday morning.
Montreal police (SPVM) say they have arrested a man in connection with an alleged bank robbery in the borough of Saint-Leonard that occurred on Sept. 28.
The Montreal Canadiens have announced that forward Patrik Laine will be out for two to three months with a sprained left knee.
Prime Minister Justin Trudeau's Liberal government survived another Conservative-led non-confidence vote on Tuesday, the second in less than a week. This, the same day the Bloc Quebecois had an opportunity to table a non-confidence motion of its own, opting instead to push the Liberals to support one of its key demands.
Four Edmonton minors are accused of trying to murder an 18-year-old woman.
Earth's General Store in Edmonton has closed for good.
One person is dead after a drowning west of Edmonton over the weekend.
A Progressive Conservative candidate in New Brunswick’s upcoming election is under fire Tuesday morning for a Facebook post she made on Truth and Reconciliation Day.
The Canadian Food Inspection Agency has confirmed the further spread of a parasite threatening Prince Edward Island's lucrative oyster industry.
Environment Canada has issued frost advisories for much of New Brunswick.
The Winnipeg Police Service is looking for a new helicopter to replace the current aircraft, which has been in service for 15 years.
A 44-year-old woman has died after a two-vehicle crash on a Manitoba highway Tuesday morning.
The windy weekend revealed a sweet surprise at a home in Portage la Prairie, and it’s got one beekeeper buzzing.
Saskatchewan residents will vote for their next provincial government on Oct. 28.
Sentencing in relation to a fatal incident in 2020 that left two experienced SaskPower workers dead has been adjourned until Oct. 18, according to the International Brotherhood of Electrical Workers (IBEW).
Police in Regina are investigating after a pedestrian was struck by vehicle on Albert Street Monday.
The second Ontario Civilian Police Commission hearing for Guelph Police Services Constable Corey McArthur continued in Guelph on Tuesday.
Farmers from Wilmot, Ont. have taken their land assembly protest to Premier Doug Ford.
An Ahtahkakoop man who came to prominence in Saskatchewan’s Indigenous business community and helped thousands of First Nations people complete their education died on Friday.
Saskatchewan residents will vote for their next provincial government on Oct. 28.
Exclusive polling data collected by Â鶹´«Ã½ in partnership with Insightrix outlines what preferences voters have, if they’re familiar with the party leaders and what issues matter most as Saskatchewan enters into the 2024 provincial election campaign.
Two 17-year-olds have been charged in Elliot Lake with breaking into Centennial Arena and causing $50,000 in damage.
A West Nipissing family whose son died minutes after he was born is raising money to buy comfort care equipment for families grieving the loss of a newborn child.
As the investigation continues into the fatal northern Ontario house fire that killed four people on the evening of Sept. 19, police have released some details about the victims.
Some officials with the Thames Valley District School Board (TVDSB) have been placed on leave while an operational review is being conducted. Staff were notified of the leaves in an e-mail from Interim Director of Education Bill Tucker.
Lambton County OPP are investigating a break and enter that occurred in Dawn-Euphemia Township.
A group of healthcare providers and social agencies in St. Thomas has come together to apply for a provincial HART Hub location.
Tributes have started pouring in for a Midland, Ont. man who died after reportedly being struck by an unmarked provincial police vehicle over the weekend.
Moffatt's Mazda in Barrie has been implementing a new video service that allows customers to see what their mechanics see, to be as transparent as possible.
Police are appealing to the public for information as they investigate a fatal pedestrian collision in Bradford.
A 21-year-old Windsor man is on trial in Superior Court for trying to join a terrorist organization.
New cases of human smuggling along the shores of Canada's southernmost region occur almost daily, according to the Royal Canadian Mounted Police.
Canada will be imposing a 25 per cent surtax on select imports of steel and aluminum from China, after unveiling its final list of impacted products on Tuesday.
A young man has been charged with first-degree murder after police were called to investigate a suspicious death on Vancouver Island over the weekend.
A British Columbia lawyer has resigned from the provincial law society after he sexually harassed staff at his law firm, including attempts to surreptitiously photograph one employee without her knowledge, according to the regulator.
David Eby promised to expand financial supports and job protections for sick British Columbians if he wins this month's provincial election, throwing barbs at his main opponent in the process.
Police in Kelowna, B.C., say they're investigating a violent attack on a girl that was captured on video on Friday night.
The officer who shot and killed a forcible confinement suspect in Kamloops two years ago was justified in doing so, according to the Independent Investigations Office of B.C.
Fire crews in Vernon, B.C., responded to a large house fire early Saturday morning.
The sentencing for three men convicted of helping lead and coordinate the COVID-19 protest blockade at Coutts, Alta., in 2022 has been delayed.
A 10-year-old boy from Lethbridge is being praised as a hero after a routine summer outing at the pool nearly turned tragic for his friend.
A man and woman have been charged after a Lethbridge ice creamery was broken into earlier this week. Staff arrived at Cookie Crimes, in the 300 block of Sixth Street South, just before 5:30 a.m. on Monday to discover the front window broken.
A 40-year-old in Sault Ste. Marie who was on probation has been charged with assault with a weapon following an incident in August.
Canadian musician Jacob Hoggard took the stand in his sexual assault trial on Tuesday, denying that he raped his accuser and painting a dramatically different picture of their encounter eight years ago.
Overnight on Thursday as the community of Elliot Lake was resting to prepare for the upcoming Kraft Hockeyville celebrations, when vandals struck a building that has been top of mind for the northern Ontario city for more than a year.
He may not have logged the fastest time or even gone the full distance, but residents of a Newfoundland town agree the goat who unexpectedly joined the local weekend half marathon was the event's undisputed champion.
A mother in a community where the cost of living is one of the highest in the country says grocery prices are 'inhumane' and retailers are putting profits ahead of people’s basic human right to food.
A soccer game in England on Tuesday night drove a spike in online traffic across the Atlantic to a website launched by the Newfoundland and Labrador government.
The Shopping Trends team is independent of the journalists at Â鶹´«Ã½. We may earn a commission when you use our links to shop. Read about us.
