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layoffs

2 articles tagged layoffs

An employee packing documents into a box labeled 'FIRED' in an office environment.
Business

Disney Plans Major Layoffs Amid Cost-Cutting Efforts

Disney is set to implement a significant round of layoffs, impacting thousands of employees across various divisions, as part of a broader cost-cutting strategy. This move follows a series of job reductions throughout the year, marking another round of cuts under CEO Josh D'Amaro, according to reports from Bloomberg and Deadline.

2 min
Young man in plaid shirt reaching for a controller on white studio floor.
Business

Electronic Arts Announces Layoffs and BioWare Closure

Electronic Arts (EA) has confirmed it will lay off around 400 employees, representing approximately 3% of its workforce, and will close its development studio BioWare. This decision comes as part of a strategic shift within the company to focus on more lucrative projects, as detailed in a report from Bloomberg and corroborated by multiple sources.

3 min