EA’s top execs earned $60m in the fiscal year 2024, despite the company laying off hundreds of employees.
In particular CEO Andrew Wilson earned just under half that number himself - $25.6m - and was praised for executing on “key strategic and operating objectives”.
Those objectives include reorganising the business into EA Entertainment and EA Sports; “optimising our portfolio, investments and resources in support of our strategic priorities and growth initiatives” as part of a restructuring plan; progressing the company’s “long-term strategy plan focused on driving durable growth, strong cash flow and stockholder returns”; and overseeing a “year of continued employee satisfaction scores above industry benchmarks”, which included “record high talent retention”.
Absolutely fucked.
What do they mean ‘despite layoffs’ isn’t it thanks to the layoffs?
Record high talent retention. lol