EA Studios Brace for Layoff Bloodbath as New Owner Debt Demands $700 Million Cost Cuts

<p><strong>Here it comes.</strong></p><p>EA is about to gut itself in a bid to help settle its self-inflicted and eye-watering $18 billion debt.</p><p>The company took said debt on when it was bought up by a consortium consisting of the Saudi Arabian Public Investment Fund (PIF), Silver Lake, and Af