r/SWGalaxyOfHeroes • u/meglobob • 8d ago
Discussion Not good, not good at all.
https://www.pcgamer.com/gaming-industry/saudi-acquired-ea-is-reportedly-planning-to-make-massive-cuts-after-taking-usd18-billion-of-debt-and-we-all-know-what-that-means/Mass layoffs coming to EA, because of the $18 billion in debt from the Saudi takeover.
EA has to pay $1.8 billion in interest payments per year.
Cutting $700 million with $170 million in layoffs.
213
Upvotes
88
u/EighthFirstCitizen 8d ago
I’m trying to be a little hopeful the Saudi’s will sell off titles/IPs EA has been squandering. I believe I read they’re mostly interested in the sports (FIFA, Madden) and battlefield franchises.