: EA laying off 6% of staff in cost-cutting push for videogame publisher

Read Time:8 Second

EA is “moving away from projects that do not contribute to our strategy, reviewing our real estate footprint, and restructuring some of our teams,” per its CEO.

About Post Author

Happy

0 %

Sad

0 %

Excited

0 %

Sleepy

0 %

Angry

0 %

Surprise

0 %

0

0

More Stories

Regional bank UMB Financial buying Heartland Financial in $2 bln all-stock deal

Heartland Financial’s stock jumps 16% in premarket trading

‘Our prenup stirred up resentment’: My husband, 62, lives in my home. I pay for his credit card, car loan, plus our vacations and groceries. He now wants to pool our assets.

“He has $1.2 million invested. I have close to $5 million in investments.”

The U.S. economy and stocks have likely dodged a recession: El-Erian

The U.S. is the sole major engine of global growth in an increasingly less-stable world.

Domino’s Pizza stock jumps 4.6% after earnings sweep past estimates and company backs long-term guidance

Pizza chain is backing its long-term guidance for global retail sales growth of 7% from 2004 to 2008.

SoFi rides surge in home-loan originations to a profit beat, and its stock gains

SoFi on Monday reported a profit beat for the latest quarter while boosting its full-year outlook.

Cannabis company MedMen files for bankruptcy with about $411M in liabilities as its fortunes go up in smoke

Former high-flying cannabis company MedMen Enterprises Inc. filed for bankruptcy protection late Friday with about C$561.5 million ($411 million) in...