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Electronic arts (ea, financial) just took a brutal hit, with shares plunging 18% this morning, after the company slashed its revenue forecast Ea cuts around 300 roles, including roughly 100 at respawn, reportedly cancels titanfall game wider ea cuts largely impacted the experiences team. This historic transaction, financed by $36 billion in equity and $20 billion in committed debt, is expected to close in q1 fy27, pending critical regulatory approvals including cfius review.
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Is it game over for electronic arts (nasdaq Between 2023 and 2026, nearly 1,900 jobs were cut across multiple studios, departments, and leadership levels. Shares of the video games mogul crashed 17.5% through 11:55 a.m
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Et thursday morning after preannouncing fiscal q3 2025 earnings last night.
Ea layoffs have reshaped this game publisher—and rattled the gaming industry —in a big way