{"schema_version":"secwatch.filing_event.v1","accession":"0000712515-23-000018","form_type":"8-K","ticker":"EA","cik":"0000712515","company_name":"ELECTRONIC ARTS INC.","filed_at":"2023-03-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.833556+00:00","generated_at":"2026-06-17T11:22:43.738674+00:00","sec_items":["2.05"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"EA announces restructuring plan cutting 6% of workforce, $170-200M charges","bullets":["Workforce reduction of ~6% approved on March 27, 2023; office space also reduced.","Total estimated charges $170M–$200M: IP impairment $65–70M, severance $55–65M, office space $45–55M.","Future cash expenditures expected $80M–$100M; actions substantially complete by September 30, 2023.","Plan focused on prioritizing growth investments and portfolio rationalization."],"urls":{"canonical":"https://secwatch.observer/filing/0000712515-23-000018","json":"https://secwatch.observer/filing/0000712515-23-000018.json","markdown":"https://secwatch.observer/filing/0000712515-23-000018.md","text":"https://secwatch.observer/filing/0000712515-23-000018.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/712515/000071251523000018/0000712515-23-000018-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/712515/000071251523000018/ea-20230327.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T11:22:43.738674+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ce1065864e5436d40f87929f8ad3c0d66d5b53cb","claim":"ELECTRONIC ARTS INC. announced a restructuring with charges of approximately $170 million to $200 million (approximately 6% of the Company's workforce).","evidence_excerpt":"and headcount reductions impacting approximately 6% of the Company's workforce, in addition to office space reductions. The Company estimates that it will incur approximately $170 million to $200 million in charges in connection with the Plan. These charges consist primarily of approximately $65 million to $70 million in charges related to intellectual property","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/712515/000071251523000018/0000712515-23-000018-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"approximately $170 million to $200 million"},{"label":"Headcount","value":"approximately 6% of the Company's workforce"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}