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EA Studios Brace for Layoff Bloodbath as New Owner Debt Demands $700 Million Cost Cuts

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Here it comes. EA is about to gut itself in a bid to help settle its self-inflicted and eye-watering $18 billion debt. The company took said debt on when it was bought up by a consortium consisting of the Saudi Arabian Public Investment Fun…

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EA Studios Brace for Layoff Bloodbath as New Owner Debt Demands $700 Million Cost Cuts

Here it comes. EA is about to gut itself in a bid to help settle its self-inflicted and eye-watering $18 billion debt. The company took said debt on when it was bought up by a consortium consisting of the Saudi Arabian Public Investment Fun…