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EA Goes Private in $55 Billion Saudi Deal, Job Cuts Loom

10/9/2025

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Summary

Story summary

EA will go private in a $55 billion deal led by Saudi Arabia's Public Investment Fund and Jared Kushner's Affinity Partners.
The pact adds about $20 billion in debt, risking layoffs for roughly 14,500 employees and possibly selling BioWare.
Analysts anticipate shedding underperforming studios to manage debt, while concerns emerge about data privacy and social impacts.

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Story summary

EA will go private in a $55 billion deal led by Saudi Arabia's Public Investment Fund and Jared Kushner's Affinity Partners.
The pact adds about $20 billion in debt, risking layoffs for roughly 14,500 employees and possibly selling BioWare.
Analysts anticipate shedding underperforming studios to manage debt, while concerns emerge about data privacy and social impacts.