Latest Activision Blizzard Inc News

Electronic Arts cutting about 5% of workforce with layoffs ongoing in gaming and tech sector

Feb. 29, 2024 09:17 AM EST

Electronic Arts is cutting about 5% of its workforce, or approximately 670 employees, as layoffs in the technology and gaming sector continue after a surge of hiring in recent years. The video game maker said in a regulatory filing that its board approved a restructuring plan that...

Sony to cut about 900 jobs in its PlayStation unit as layoffs in technology, gaming sector continue

Feb. 27, 2024 10:42 AM EST

Sony will cut about 900 jobs in its PlayStation division, or about 8% of its global workforce, becoming the latest company in the technology and gaming sector to announce layoffs. Sony cited changes in the industry as a reason for the restructuring. “The industry...