Thread regarding Electronic Arts Inc. layoffs

EA workers fight back: union slams $55 billion Saudi-backed buyout

Electronic Arts (EA) was recently bought out by a consortium that is made up of Saudi Arabia's Public Investment Fund (PIF) and Jared Kushner's Affinity Partners investment firm for $55 billion. Now, a union representing EA workers has publicly opposed the sale and privatization of the company, saying employees weren't properly represented during the sale negotiations.

The statement names the United Videogame Workers-CWA Local 9433, along with the Communication Workers of America (CWA), as now very concerned that the privatization of EA will lead to company layoffs. The union states EA is "not a struggling company," with "annual revenues reaching $7.5 billion and $1 billion in profit each year".

https://www.tweaktown.com/news/108308/ea-workers-fight-back-union-slams-dollars55-billion-saudi-backed-buyout/index.html


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