Why Electronic Arts just laid off 350 employees

Electronic Arts has announced a round of layoffs which will see 350 employees lose their jobs. This announcement follows a similar move from Activision-Blizzard, which laid off 8% of its workforce back in February. 350 employees represents about 4% of EA’s 9,000 employees, so this round of layoffs isn’t quite as bad as the one that hit Activision last month. …