---
title: "EA faces $700M cuts, mass layoffs after $55B Saudi buyout"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295219107.md"
description: "Following a $55 billion leveraged buyout by Saudi Arabia's Public Investment Fund, Electronic Arts (EA) has been taken private at $210 per share. The deal leaves EA with $18 billion in debt, necessitating $700 million in annual cost reductions and raising concerns about mass layoffs. Industry observers are also worried about potential creative shifts, changes in monetization strategies, and the cancellation of non-sports franchises."
datetime: "2026-08-07T10:30:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295219107.md)
  - [en](https://longbridge.com/en/news/295219107.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295219107.md)
generator: "portal-rs"
---

# EA faces $700M cuts, mass layoffs after $55B Saudi buyout

Historic buyout closes: Saudi Arabia’s Public Investment Fund and partners completed the largest gaming leveraged buyout, taking EA private at $210 per share. Debt fuels cuts: EA now carries $18 billion in debt and plans $700 million in annual cost reductions, prompting fears of mass layoffs. Impact on games: Observers worry about creative shifts, monetization changes, and possible franchise cuts, particularly for non-sports titles.

### Related Stocks

- [EA.US](https://longbridge.com/en/quote/EA.US.md)

## Related News & Research

- [Electronic Arts Inc. $EA Shares Purchased by Empowered Funds LLC](https://longbridge.com/en/news/294576770.md)
- [Electronic Arts buyout set to close Aug. 4 at USD 210 per share](https://longbridge.com/en/news/294554548.md)
- [Electronic Arts misses quarterly bookings estimates ahead of Saudi-backed buyout](https://longbridge.com/en/news/294746044.md)
- [Saudi PIF's $55 billion EA deal gets EU approval under subsidy rules](https://longbridge.com/en/news/294498677.md)
- [Saudi PIF's $55 billion EA deal approved under EU merger rules](https://longbridge.com/en/news/293606511.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**