so there's some pretty major news in the gaming world right now - electronic arts, aka ea, has just been acquired by the saudi arabia public investment fund, along with a couple of other firms. and let's be real, we all know what usually happens when something like this goes down - layoffs, and a lot of them.



i mean, think about it - ea is taking on a whopping $18 billion in debt, which is just crazy. and apparently, they're planning to cut around $700 million in annual costs to try and make up for it. now, i'm no financial expert or anything, but that sounds like a recipe for disaster to me. especially when you consider that a big chunk of those cuts are going to come from "organizational efficiencies" - which is just a fancy way of saying "we're gonna fire a bunch of people".



it's not like this is a surprise or anything, though. we've seen it happen before with other big gaming companies - like when microsoft bought blizzard and then proceeded to lay off a ton of employees. and it's not just limited to the gaming industry, either. it's just what happens when big companies get bought out and suddenly have a ton of debt to pay off. still, it's hard not to feel a little worried about the future of ea and the people who work there.



preorders are available at major retailers, but to be honest, i'm not really thinking about buying any new games right now. i'm just more concerned about what's going to happen to all the talented people who work at ea. i mean, the gaming industry is already pretty tough to break into, and now there's just going to be even more competition out there. it's a bit grim, if youRead more: Full article on www.pcgamer.com

What do you think about this?