US company Electronic Arts announced that it will have to reduce the number of workers in its factory by 6% as a restructuring plan. the details
Electronic Arts (EA), the American developer and distributor of video games, announced this It will lay off 6% of its plant As part of the restructuring plan, which also It will include reducing her office space.
According to last year’s numbers, the company founded by Trip Hawkins has been around 13,000 employeesso this scale It will affect at least 800 workers.
Electronics Arts will implement the restructuring plan
Andrew Wilson, the chief executive, said through a letter that he would try to relocate some of those affected and that he would support those who have to leave the company permanently with compensation and other benefits.
According to Wilson, AE he is in Strong financial positionbut search Abandon projects that don’t fit your strategyAnd Review your real estate portfolio And Rearrange some of your teams.
In recent months, many tech companies have made significant job cuts, but so far, major video game companies haven’t announced any major layoffs.
In filing with the securities regulator, EA said it expected to incur restructuring costs between $170 And u $200 million (equivalent to 156 to 184 million euros) in all.
Electronic Arts announced that it will lay off 6% of its factory.
Wave of Layoffs: Layoffs in the tech sector
Unfortunately, when the potato burns, companies cut their losses and reorganize Layoffs. This is something that happens in the technology sector.
After a process of expansion during and after the pandemic, issues such as the consequences of the war in Ukraine, and the global economic crisis, have led many tech companies to shift from hiring to firing employees.
And so, in less than a year, technology has ceased to be the perfect place to work, becoming one of the most competitive places when it comes to trying to get a job, if you can find one.
specialized site TradingPedia compiled the company’s rating The most launched in 2022, taking the company’s data as sources, as well as sites such as layoffs.fyi, and the result was as follows:
1- Amazon
Amazon It is the company that dismissed the largest number of employees during 2022; No more, no less than 18,000 workers.
your CEO, Andy Jassyto the “economic uncertainty” and excessive speed of hiring in the past as the main reasons for layoffs.
Scare the wave of layoffs in the technology sector
2- Google
Follow him Googlewhich will reduce its staff by 6%, which means layoffs of approximately 12,000 people.
Google CEO, Sundar PichaiHe said that the layoffs are due to the current complex economic situation, and especially because it contrasts with the growth the sector witnessed during the pandemic.
3. The goal
Disturbed by the poor results and with governments hitting the core of their business hard with regulations, Goal The decision was made to cut 11,000 jobs, a staggering 13% of the total number of employees.
4- Microsoft
Microsoft It joins the wave of layoffs by laying off 11,000 workers, 6% of its workforce.
to your CEO, Satya Nadellamaking this decision was to try to align its “cost structure” with its income in order to try to meet the demand of its customers.
5. Cisco
Also under the pretext of “rebalancing the organization” by providing 580 million dollars, Cisco It lays off 5% of its employees, which means that nearly 4,100 people have lost their jobs with the company.
Google has not been left behind in the sheer number of workers it will lay off
6. Platoon
The sport bike manufacturer has had a real bad year. Its shares fell and its market value fell, and it lost its market share, and this led to the decision to lay off more than half of its workforce, with the abolition of 4,000 jobs.
7. Twitter
on Twitter It’s a story in the works, because it’s believed they could still lay off more people than was announced.
While waiting for what will happen, the truth is that 3,700 people have already lost their jobs. A high number considering there are only 7,500 in total.
8. Salesforce
A remarkable situation is the case of SalesForce, since its numbers have been giving good performance, and in fact they have made this announcement, but it has not yet been implemented, and it will be formalized next month, February.
While waiting to see if he complies, he announces that he will leave 2,500 people on the street.
To this must be added the thousands left on the street by the cryptocurrency crisis, and thousands more in small-scale layoffs around companies on the planet, so the final figure is high and discouraging, Business Insider Spain notes.
“Beer enthusiast. Subtly charming alcohol junkie. Wannabe internet buff. Typical pop culture lover.”