Electronic Arts announced today that it is laying off roughly 6 percent of its workforce (opens in new tab).

As usual, the layoffs come amid what sounds like a pretty solid situation for the company.

"Even amidst macro uncertainties, EA operates from a position of strength," said Electronic Arts CEO Andrew Wilson. 'Our business is gaining momentum as we continue to deliver high-quality games and great content in some of the world's biggest and most beloved franchises.'

Citing the continued success and growth of games including FIFA23, Apex Legends, and The Sims, Wilson said Electronic Arts is "radically reshaping the world around us with new audiences, new technologies, and new media trends. We are a leader in a dynamic industry," he said.

"But success comes at a price, and in this case, that price is hundreds of jobs at EA.

"To better focus on our overall portfolio, we are exiting projects that do not contribute to our strategy, reviewing our real estate footprint, and reorganizing some of our teams," Wilson said. These decisions are expected to affect approximately 6% of our workforce." This is the most challenging part and we are approaching this process with great care and respect."

Electronic Arts did not specify how many people would lose their jobs, but according to the SEC filing (opens in new tab), the company employed approximately 12,900 people as of March 31, 2022. Assuming that this number has not changed dramatically over the past year, the number of jobs lost would be about 774. But there has been at least a slight change: Kotaku (opens in new tab) reports that EA laid off more than 200 quality assurance testers in February.

Wilson said that employees affected by the layoffs will have the opportunity to move to other projects, and if that is not possible, severance pay and benefits, including health care and "career transition services," will be offered instead. The company began notifying employees of the workforce reductions early in the current fiscal year, which began on January 1, and is expected to continue notifying employees early in the next fiscal year, which begins on April 1.

Other companies that have laid off large numbers of employees after making literally billions of dollars in recent months include Take-Two Interactive (opens in new tab), Meta (opens in new tab) (twice (opens in new tab)), Google (opens in new tab) , Microsoft (opens in new tab), and Amazon, and more than 400 people were laid off from Twitch (opens in new tab).