EA’s top execs earned $60m in the fiscal year 2024, despite the company laying off hundreds of employees.
In particular CEO Andrew Wilson earned just under half that number himself - $25.6m - and was praised for executing on “key strategic and operating objectives”.
Those objectives include reorganising the business into EA Entertainment and EA Sports; “optimising our portfolio, investments and resources in support of our strategic priorities and growth initiatives” as part of a restructuring plan; progressing the company’s “long-term strategy plan focused on driving durable growth, strong cash flow and stockholder returns”; and overseeing a “year of continued employee satisfaction scores above industry benchmarks”, which included “record high talent retention”.
Absolutely fucked.
What do they mean ‘despite layoffs’ isn’t it thanks to the layoffs?