Find XO: EA's $55.5 Billion Private Acquisition: How Saudi Capital is Buying into Gaming (eurogamer.net)
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- EA has entered its third round of layoffs this year ahead of a $55.5 billion acquisition led by Saudi sovereign wealth fund PIF.
- This round targets recruiting, customer support, trust and safety, and IT departments.
- This indicates that cost-cutting efforts are underway before the deal closes.
- While it will take longer to reveal what strategies the new capital will push, smaller game teams would benefit from focusing on available talents and gaps in the market during this time.