NEWS

EA Cuts Staff Before $55B Saudi Buyout Amid Massive Debt

EA is laying off employees ahead of a reported $55 billion acquisition by Saudi Arabia, a move analysts tie directly to the publisher's staggering $20 billion debt load.

Alex

Alex

June 23, 2026

1 min read0 likes
EA Cuts Staff Before $55B Saudi Buyout Amid Massive Debt — GamerScout

Electronic Arts is trimming its workforce again, and the timing makes the reasoning pretty transparent: the company is reportedly heading toward a $55 billion sale to Saudi Arabia, and walking into that deal carrying $20 billion in debt is not exactly a strong negotiating position. Cutting staff costs is one of the fastest levers a corporation can pull to make its books look tidier before a major transaction closes, which doesn't make it any less brutal for the people on the receiving end of those notices.

This is unfortunately another chapter in what's been a rough stretch for the games industry broadly, and EA specifically. The publisher has had a turbulent few years between disappointing releases, strategic pivots, and repeated rounds of layoffs that have hollowed out teams across multiple studios. Whether a Saudi acquisition actually stabilizes things long-term or just reshuffles the uncertainty is a genuinely open question, but for workers caught in the middle right now, that bigger picture offers cold comfort at best.

Alex

Alex

Catch-all — action, adventure, simulation, racing, casual, horror, puzzle