Videogame maker Electronic Arts (EA.O) , opens new tab said on Wednesday it would reduce 5% of its workforce, as the industry struggles to grow amid high interest rates.
The company expects to incur about $125 million to $165 million in charges as part of the restructuring plan that also includes a reduction in real estate.
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You know, work from home would help clear that office space, but we can’t have that. Too much power to the employees, why would they.
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