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Electronic Arts announced Wednesday that it will cut 5% of its workforce, part of a plan that includes reducing office space and ending work on some video games. Video game company EA to lay off 5 ...
Image source: The Motley Fool. Electronic Arts (NASDAQ: EA) Q2 2025 Earnings Call Oct 29, 2024, 5:00 p.m. ET. Contents: Prepared Remarks. Questions and Answers. Call Participants
In the video game industry, it is not uncommon for publishers and developers to have employees work extra hours near the last few weeks or months of the development cycle to make sure a game is released on time, often unpaid as such workers are classified as exempt from overtime pay; this is commonly known as "crunch time". [16] In 2004 ...
Electronic Arts (NASDAQ:EA) stock faces a crucial test as the company reports earnings on July 30 after the market close. The gaming giant saw its stock slide as its core gaming audience moved ...
Including major job cuts from Embracer Group, Unity Technologies, Microsoft Gaming, Electronic Arts, Sony Interactive Entertainment, Epic Games, Take-Two Interactive, Ubisoft, Sega, and Riot Games. The layoffs caused several video games to be canceled, video game studios to be shut down or divested from their parent company, and thousands of ...
[7] [8] Electronic Arts had a large revenue increase and its stock price doubled in 2014. [7] [9] In 2021, Wilson became chairman of the board of EA, following the retirement of Larry Probst. [10] In 2023, he restructured the company into two organizations – EA Sports and EA Entertainment (formerly EA Games). [11] [12]
Electronic Arts' stock price fell in after-hours trading after the company downgraded its earnings estimates based on lower Battlefield V revenues. EA shares falls on weak holiday-season outlook ...
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Electronic Arts wasn’t one of them. The 10 stocks that made ...
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