EA to Lay Off Around 670 Workers, Sunsetting Games, ‘Moving Away From Licensed IPs’::Electronic Arts has announced that it, too, is undergoing mass layoffs, with plans to let go 5% of its total global staff, or roughly 670 individuals.

  • MajorHavoc@programming.dev
    link
    fedilink
    English
    arrow-up
    2
    ·
    4 months ago

    Releasing a big crop of talent for indie studios to snap up …perhaps this is how to turn back the tide against indie studios cutting into their recurring revenue.

  • linearchaos@lemmy.world
    link
    fedilink
    English
    arrow-up
    1
    ·
    4 months ago

    5%? I get that 700 ppl is a big number but 5% is pretty tame for the games industry. AAA sheds more than that after a big title releases.

  • foggy@lemmy.world
    link
    fedilink
    English
    arrow-up
    0
    arrow-down
    1
    ·
    edit-2
    4 months ago

    Writing is on the walls. AAA game studios are going to suffer. AI is levelling the playing field.

    Buy puts.

    Edit: lol wow that’s a lot of downvotes. Okay, you guys buy calls, I’ll buy puts. Let’s see how it shakes out!

    • shiroininja@lemmy.world
      link
      fedilink
      English
      arrow-up
      1
      ·
      edit-2
      4 months ago

      I’m holding my judgment on AI assisted content. I already feel ai writing and image generation is still shitty, I’m less interested in something more complex like a video game.

      Also, my 20+ years in the workforce has taught me that large and small companies suffer the same exact problems and both are greedy. Ai will be used to not hire workers, but to increase worker output , not lighten their load.

      I trust indie companies to maybe make better content, but I expect them to rip off workers.

      Not that I’m defending EA. There’ve ruined so many franchises.

    • ieatpillowtags@lemm.ee
      cake
      link
      fedilink
      English
      arrow-up
      1
      ·
      4 months ago

      The downvotes are for your hot take on AI, not that people think the studios are fine. Of course I’d prefer comments explaining why that’s a silly thing to say instead of everyone jumping on the downvote bandwagon…

      • BottleOfAlkahest@lemmy.world
        link
        fedilink
        English
        arrow-up
        0
        arrow-down
        1
        ·
        4 months ago

        Overly simplified: It’s a term used to indicate that you should bet the stock is going down if you are a stock holder.