EA to Slash $700M in Annual Cuts After Saudi‑Backed Buyout
EA has announced a plan to trim $700 million from its annual spend, a move that signals a wave of layoffs across its studios. Financing the New Lease The announcement follows a $55 billion takeover led by Saudi Arabia’s Public Investment Fund, private‑equity firm Silver Lake and Jared Kushner’s Affinity Partners, ending EA’s 36‑year run on the NASDAQ. The consortium […]

