---
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"
generated_at: "2026-06-17T11:22:43.738674+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# EA announces restructuring plan cutting 6% of workforce, $170-200M charges

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.05
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000712515-23-000018
- JSON: https://secwatch.observer/filing/0000712515-23-000018.json
- Plain text: https://secwatch.observer/filing/0000712515-23-000018.txt

## Key facts
- Restructurings & Charges
  ELECTRONIC ARTS INC. announced a restructuring with charges of approximately $170 million to $200 million (approximately 6% of the Company's workforce).
  - Type: restructuring
  - Charge: approximately $170 million to $200 million
  - Headcount: approximately 6% of the Company's workforce
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/712515/000071251523000018/0000712515-23-000018-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.