Videogame maker Electronic Arts (EA.O) , opens new tab said on Wednesday it would reduce 5% of its workforce, as the industry struggles to grow amid high interest rates.
The company expects to incur about $125 million to $165 million in charges as part of the restructuring plan that also includes a reduction in real estate.
They’re playing less AAA games, yes. People are thinking much harder about the $60+ price tag as AAA studios repeatedly fail to live up to their promises. I feel like Nintendo is the only AAA company that doesn’t have a losing record for the past ~5 years
There’s a few L’s but overall yeah, Nintendo has been doing fine.