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Licensed Ip

All articles tagged with #licensed ip

"EA Announces Layoffs and Game Sunsets, Shifts Focus from Licensed IP"

Originally Published 1 year ago — by IGN

Featured image for "EA Announces Layoffs and Game Sunsets, Shifts Focus from Licensed IP"
Source: IGN

Electronic Arts (EA) is laying off around 670 workers, representing 5% of its global staff, and sunsetting games while moving away from future licensed IP development. The company plans to focus on its own franchises, sports offerings, and massive online communities. The layoffs will impact support teams and some developers, with efforts to transition affected employees to other projects. This move adds to the ongoing wave of mass layoffs in the games industry, with EA's CEO citing industry transformation and changing player needs as reasons for the changes.

"EA Announces Layoffs and Game Cancellations Amid Industry Restructuring"

Originally Published 1 year ago — by GamesIndustry.biz

Featured image for "EA Announces Layoffs and Game Cancellations Amid Industry Restructuring"
Source: GamesIndustry.biz

Electronic Arts is laying off around 5% of its workforce, amounting to approximately 670 employees, as part of a restructuring plan that involves moving away from future licensed IP and focusing on owned IP, sports, and online communities. The company is also closing some offices and discontinuing certain live games, with the restructuring plan expected to cost between $125 million and $165 million. This marks the second time in two years that EA has undergone a significant restructuring with hundreds of job cuts.