US EditionMass Effect Studio Employees Fear the Worst After EA Buyout by Saudi Arabia
EA will maintain current jobs and teams immediately after the $55 billion acquisition despite carrying $20 billion in debt, with the deal expected to close within nine months.
- On September 29, Electronic Arts told staff via an SEC-filed employee FAQ that there will be no immediate changes to jobs, teams or daily work.
- The $55 billion deal involves a 100% acquisition of EA by Saudi Arabia's Public Investment Fund, Silver Lake, and Affinity Partners, with EA expecting the transaction to close in six to nine months.
- Internally, staff report BioWare studio suffered layoffs earlier this year after Dragon Age: The Veilguard underperformed, and developers are preparing portfolios amid fear of more cuts, with Mark Darrah saying, `EA has a huge repository of dormant IPs that are just sitting there dormant.`
- The company confirmed EA will maintain pay, benefits, and its bonus program with payments expected in June 2026, adjust the employee stock purchase plan, and keep Andrew Wilson as CEO.
- With $20 billion of debt, analysts warn it may prompt studio sales or layoffs, while investors expect AI cost-cutting in coming years to boost profits.
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More Information About The EA Buyout Shared in Internal FAQ Thread
Frequently asked questions about the EA buyout have surfaced online. We’re getting a bit more clarification about the recent EA buyout from the official EA FAQ thread shared internally to its employees. In case you missed out on the news, Electronic Arts announced on Monday that they’ll be going from a public company to a […] The post More Information About The EA Buyout Shared in Internal FAQ Thread appeared first on Sims Community.
Electronic Arts promises ‘no immediate changes’ for employees after $55B buyout
We expect that the impact of Electronic Arts going private to the tune of $55B won’t be felt for some time, but that doesn’t mean that people aren’t bracing for it, especially the employees at EA’s various studios. But don’t worry! An SEC filing says that things will be totally fine in the immediate term! […]
BioWare's future under EA in question, studio veteran warns, if it makes "the kind of games that this new company isn't interested in making anymore"
BioWare veteran Mark Darrah has discussed the $55bn private acquisition of EA and what the future holds for the RPG studio, suggesting it could be sold to pay off debt.
EA is sold to an investor group in one of the largest gaming deals in history. BioWare developers are already afraid that they will be released soon.
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