Electronics Arts EA Layoffs Job Cut: fires 1100 employees, closes 12 facilites

Another software company, in the gaming industry is going for Layoffs. The news is not good for the employees of Electronics Arts EA Sports. Another news of layoffs, another company joining the group of companies to go for layoffs. The firm Electronics Arts EA, has decided to go for Electronics Arts EA Lay offs or Electronics Arts EA Job Cuts.

How many employees may be fired by Electronics Arts EA layoffs?
The news is that around 1100 employees will be asked to leave their jobs at Electronics Arts EA. That will be aroudn 11% of the the EA workforce.

How many employees does Electronics Arts EA have?
The total no. of employees at Electronics Arts EA is 10,000 as of now.

Any news of previous layoffs by the company
Yes. There were some news of EA job cuts in recent times.

Any plants or locations being closed by Electronics Arts EA?
Electronics Arts EA will close down 12 of its facilities.

Which locations will be affected by the Electronics Arts EA Layoffs?
No detailed information is available about that.

Which segment of employees will be affected by the Electronics Arts EA layoffs
No detailed information is available about that.

How much savings can be made by Electronics Arts EA Layoffs?
Around 65 million USD to 75 million USD is expected to be charged.

When will the Electronics Arts EA layoffs happen
The layoffs will be done as soon as possible.

Any severance package for the affected employees?
No info available.

What are the primary reasons of Electronics Arts EA Layoffs
Declining sales and bad conditions of the economy are said to be the major reasons for the layoffs.

Any other news about Electronics Arts EA?
As per MarketWatch, The news was included in the video game publisher's financial results for its third fiscal quarter. EA said it is closing 12 facilities as part of the move.
Let's hope that alternative jobs are available to the affected employees of Electronics Arts EA Layoffs Job Cut.