Mereo@piefed.ca to

Games@lemmy.worldEnglish · 1 month ago

Bloodbath Ahead For EA As It Looks To Cut $700 Million In Annual Costs Under Saudi Arabia

kotaku.com

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cross-posted to:
technology@lemmit.online

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Bloodbath Ahead For EA As It Looks To Cut $700 Million In Annual Costs Under Saudi Arabia

kotaku.com

Mereo@piefed.ca to

Games@lemmy.worldEnglish · 1 month ago

112

cross-posted to:
technology@lemmit.online

Fans Fear EA Bloodbath Amid $700 Million In Reported Cost Cutting

kotaku.com

The Battlefield maker has billions in debt to service as part of its leveraged buyout

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Wispy2891@lemmy.world
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1 month ago
They paid 53 bil for something that has only 300 mil /year in profits?

A 200 year ROI (interest on the 20 bil loan for the leveraged buyout that ea itself will need to pay) doesn’t seems too bad

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