EA to lay off about 5% of its workforce, end development of some videogames

Videogame maker Electronic Arts Inc. said Wednesday it will cut about 5% of its workforce and plans to cancel some games in development.In a letter to employees, Chief Executive Andrew Wilson said “we are streamlining our company operations to deliver deeper, more connected experiences for fans.”He said the layoffs will affect about 5% of the company’s global workforce, which would be around 670 people, based on a staff of 13,400 as of last March, according to an SEC filing. “We are also sunsetting games an ...