EA to Lay Off Around 670 Workers, Sunsetting Games, ‘Moving Away From Licensed IPs’::Electronic Arts has announced that it, too, is undergoing mass layoffs, with plans to let go 5% of its total global staff, or roughly 670 individuals.

  • BottleOfAlkahest@lemmy.world
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    10 months ago

    Overly simplified: It’s a term used to indicate that you should bet the stock is going down if you are a stock holder.

    • jeffw@lemmy.world
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      10 months ago

      Oh my god, I did not realize you were talking about stock options haha. My brain just did not register it in this context