Electronic Arts faces fresh layoffs ahead of Saudi buyout, shares hover near record high

By Christina Vogel, Background & Management desk. Reviewed prior to publication on 2026-06-23, 13:37.

Electronic Arts (US2855121099) is back in focus after fresh reports of layoffs as the video game publisher moves closer to a $55 billion leveraged buyout by Saudi Arabia’s Public Investment Fund, with the stock trading on NASDAQ near its 52-week high. Eurogamer cites internal sources and public posts on the restructuring

What reports say on new job cuts

According to Eurogamer, Electronic Arts has initiated another round of layoffs in June 2026, the third workforce reduction this year, affecting staff in customer support, trust and safety, and IT functions, based on internal information and employee statements. The Eurogamer report details the latest job cuts and timing

IGN India, referencing reporting from Kotaku and public announcements, adds that the restructuring also impacts teams in the United States and Hyderabad, India, with management framing the move as an effort to better align resources with changing player needs across EA Sports FC and F1-branded franchises. IGN summarizes how the layoffs touch support and trust-and-safety units

Saudi PIF buyout and analyst backdrop

The same Eurogamer coverage highlights that the layoffs come as EA progresses toward a roughly $55 billion leveraged buyout by Saudi Arabia’s Public Investment Fund, which would give the fund about 93.4 percent of the company if completed, subject to remaining approvals including an EU antitrust decision expected by July 23, 2026. Eurogamer places the restructuring in the context of the PIF transaction and regulatory timeline

MarketBeat data on NASDAQ-listed EA shares shows a closing price of about 202.97 dollars on June 22, 2026, with a 52-week trading range between roughly 146.39 and 204.50 dollars and a consensus analyst price target close to the current level, underlining a relatively balanced risk-reward view at this stage of the deal process. MarketBeat aggregates recent analyst estimates and the 52-week range for EA on NASDAQ

The franchises behind EA’s revenue

Electronic Arts generates most of its revenue from live-service franchises such as EA Sports FC (the successor to FIFA), Madden NFL, Apex Legends and The Sims, which combine full-price releases with recurring in-game purchases and seasonal content updates that support relatively stable cash flows across console, PC and mobile platforms.

Where the shares trade today

The Electronic Arts shares (US2855121099) last traded on NASDAQ at about 202.97 dollars as of 2026-06-22, 16:00 Eastern Time, keeping the stock close to the upper end of its 52-week range around 146.39 to 204.50 dollars.

Disclaimer: This article is for informational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any financial instrument. All data are based on publicly available sources believed to be reliable but cannot be guaranteed for accuracy or completeness.