HardOCP News
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According to anonymous sources, Electronic Arts is planning to lay off over 500 employees. Nothing has been confirmed yet but this would indeed be bad news for EA employees.
Investors have certainly noticed all the trouble EA is experiencing. This year alone, the company's shares are down 21.5 percent to $16.18, and over the last five years, its stock has lost 70 percent of its value. Obviously something needs to be done, and unfortunately, the company reportedly believes it's layoffs.