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Electronics Arts Inc. (EA) has recently announced an 18% decline in revenue due to an accounting change. They have also recently announced a corporate restructuring as part of a plan to cut costs. According to an article in The Wall Street Journal, “EA said it will close one of its development studios in England and lay off about 350 employees, or roughly 4% of its global staff of 8,200.”
In the midst of the corporate restructuring and decline of revenue due to an accounting change, the company… Continue