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Mukherjee","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/kazushige.run\/#\/schema\/person\/image\/1d9694c2169f95faaf20a262eb9289b2","url":"https:\/\/secure.gravatar.com\/avatar\/fda17fa4bcd7a88ae540fd94b9291cb0?s=96&d=mm&r=g&resize=96%2C96","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/fda17fa4bcd7a88ae540fd94b9291cb0?s=96&d=mm&r=g&resize=96%2C96","caption":"Manodeep Mukherjee"},"description":"Freelance writer for Dot Esports since May 2023. Started writing about esports and gaming three years ago. English Major. Favorite game: Disco Elysium. Has played an awful lot of Dota 2.","sameAs":["https:\/\/x.com\/AmiManodeep"],"url":"https:\/\/kazushige.run\/author\/manodeepmukherjee"}]}},"raw_content":"EA chief executive Andrew Wilson netted $25 million last financial year while the company cut five percent of its global workforce and shuttered several offices to \"drive growth.\" These new financial details comes from EA\u2019s Annual Meeting and Proxy Statement 2024 (courtesy of Game Developer) which details the company\u2019s annual net bookings and executive compensation structure, among other things. What stands out more than anything is the $60 million bagged cumulatively by EA execs in a year plagued by staff layoffs. Out of the EA bigwigs, Andrew Wilson was the biggest earner, followed by Laura Miele, who serves as the president of EA entertainment, technology, and central development. Miele netted $12 million last year. These numbers stand in distressing contrast to the $148,704 compensation received by the median employee. For perspective, CEO Wilson earned 172 times more than the median EA worker. And all of this is without even counting underpaid contractors that companies like EA don\u2019t recognize as actual employees. The EA statement\u2014which is already being lambasted online\u2014praised Wilson for maintaining \"a year of continued employee satisfaction scores above industry benchmarks\" and effectively coordinating studio leadership to foster \u201cfranchise development and success.\u201d In March this year, we saw a round of layoffs in the Apex Legends development team. Ridgeline Games, headed by Marcus Lehto, was also shut down later that same month. After the shuttering, Lehto said that he \u201cdidn\u2019t have anything positive to say about EA.\u201d The company laid off roughly another 670 employees in February \u201cto optimize [EA\u2019s] global real estate footprint to best support [its] business.\u201d","apple_news_notices":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/kazushige.run\/wp-content\/uploads\/2024\/06\/ea-shanghai-office-photo.jpg","_links":{"self":[{"href":"https:\/\/kazushige.run\/wp-json\/wp\/v2\/posts\/1262826"}],"collection":[{"href":"https:\/\/kazushige.run\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kazushige.run\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kazushige.run\/wp-json\/wp\/v2\/users\/2588"}],"replies":[{"embeddable":true,"href":"https:\/\/kazushige.run\/wp-json\/wp\/v2\/comments?post=1262826"}],"version-history":[{"count":3,"href":"https:\/\/kazushige.run\/wp-json\/wp\/v2\/posts\/1262826\/revisions"}],"predecessor-version":[{"id":1263078,"href":"https:\/\/kazushige.run\/wp-json\/wp\/v2\/posts\/1262826\/revisions\/1263078"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kazushige.run\/wp-json\/wp\/v2\/media\/1262830"}],"wp:attachment":[{"href":"https:\/\/kazushige.run\/wp-json\/wp\/v2\/media?parent=1262826"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kazushige.run\/wp-json\/wp\/v2\/categories?post=1262826"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kazushige.run\/wp-json\/wp\/v2\/tags?post=1262826"},{"taxonomy":"invoiceable_action","embeddable":true,"href":"https:\/\/kazushige.run\/wp-json\/wp\/v2\/invoiceable_action?post=1262826"},{"taxonomy":"internal-label","embeddable":true,"href":"https:\/\/kazushige.run\/wp-json\/wp\/v2\/internal-label?post=1262826"},{"taxonomy":"article_type","embeddable":true,"href":"https:\/\/kazushige.run\/wp-json\/wp\/v2\/article_type?post=1262826"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/kazushige.run\/wp-json\/wp\/v2\/coauthors?post=1262826"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}

{"id":1262826,"date":"2024-06-17T18:27:24","date_gmt":"2024-06-17T23:27:24","guid":{"rendered":"https:\/\/kazushige.run\/?p=1262826"},"modified":"2024-06-17T18:27:27","modified_gmt":"2024-06-17T23:27:27","slug":"ea-statement-shows-staggering-amount-of-money-ceo-bagged-this-year-while-5-percent-of-employees-were-laid-off","status":"publish","type":"post","link":"https:\/\/kazushige.run\/business\/news\/ea-statement-shows-staggering-amount-of-money-ceo-bagged-this-year-while-5-percent-of-employees-were-laid-off","title":{"rendered":"EA statement shows staggering amount of money CEO bagged this year\u2014while 5 percent of employees were laid off"},"content":{"rendered":"

EA chief executive Andrew Wilson netted $25 million last financial year while the company cut five percent of its global workforce and shuttered several offices to “drive growth.”<\/p>

These new financial details comes from EA\u2019s Annual Meeting and Proxy Statement 2024<\/a> (courtesy of Game Developer<\/a>) which details the company\u2019s annual net bookings and executive compensation structure, among other things. What stands out more than anything is the $60 million bagged cumulatively by EA execs in a year

EA don\u2019t recognize as actual employees<\/a>.<\/p>

The EA statement\u2014which is already being lambasted online<\/a>\u2014praised Wilson for maintaining “a year of continued employee satisfaction scores above industry benchmarks” and effectively coordinating studio leadership to foster \u201cfranchise development and success.\u201d<\/p>

In March this year, we saw

roughly another 670 employees<\/a> in February \u201cto optimize [EA\u2019s] global real estate footprint to best support [its] business.\u201d<\/p>","protected":false},"excerpt":{"rendered":"

Equity is a far cry.<\/p>\n","protected":false},"author":2588,"featured_media":1262830,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"gamurs_wordpress_blocks_hide_tags":true,"_is_affiliated":false,"dotesports_deal_href":"","dotesports_featured_video":"","_notify_users":2,"apple_news_api_created_at":"2024-06-17T23:27:30Z","apple_news_api_id":"ee1ded51-0b22-4d9e-b156-87b2f03a716e","apple_news_api_modified_at":"2024-06-17T23:27:31Z","apple_news_api_revision":"AAAAAAAAAAD\/\/\/\/\/\/\/\/\/\/w==","apple_news_api_share_url":"https:\/\/apple.news\/A7h3tUQsiTZ6xVoey8Dpxbg","apple_news_coverimage":0,"apple_news_coverimage_caption":"","apple_news_is_hidden":"","apple_news_is_paid":"","apple_news_is_preview":"","apple_news_is_sponsored":"","apple_news_maturity_rating":"","apple_news_metadata":"\"\"","apple_news_pullquote":"","apple_news_pullquote_position":"","apple_news_slug":"","apple_news_sections":[],"apple_news_suppress_video_url":false,"apple_news_use_image_component":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[43],"tags":[],"invoiceable_action":[46987],"internal-label":[47169,46551,47238],"article_type":[44125],"coauthors":[{"id":2588,"display_name":"Manodeep Mukherjee","user_login":"manodeepmukherjee","user_nicename":"manodeepmukherjee"}],"class_list":["post-1262826","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","internal-label-discover","internal-label-gaming","internal-label-writer-pitch","article_type-news"],"acf":[],"yoast_head":"\nEA statement shows staggering amount of money CEO bagged this year\u2014while 5 percent of employees were laid off<\/title>\n<meta name=\"description\" content=\"Equity is a far cry.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/kazushige.run\/business\/news\/ea-statement-shows-staggering-amount-of-money-ceo-bagged-this-year-while-5-percent-of-employees-were-laid-off\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EA statement shows 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Mukherjee","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/kazushige.run\/#\/schema\/person\/image\/1d9694c2169f95faaf20a262eb9289b2","url":"https:\/\/secure.gravatar.com\/avatar\/fda17fa4bcd7a88ae540fd94b9291cb0?s=96&d=mm&r=g&resize=96%2C96","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/fda17fa4bcd7a88ae540fd94b9291cb0?s=96&d=mm&r=g&resize=96%2C96","caption":"Manodeep Mukherjee"},"description":"Freelance writer for Dot Esports since May 2023. Started writing about esports and gaming three years ago. English Major. Favorite game: Disco Elysium. Has played an awful lot of Dota 2.","sameAs":["https:\/\/x.com\/AmiManodeep"],"url":"https:\/\/kazushige.run\/author\/manodeepmukherjee"}]}},"raw_content":"EA chief executive Andrew Wilson netted $25 million last financial year while the company cut five percent of its global workforce and shuttered several offices to \"drive growth.\" These new financial details comes from EA\u2019s Annual Meeting and Proxy Statement 2024 (courtesy of Game Developer) which details the company\u2019s annual net bookings and executive compensation structure, among other things. What stands out more than anything is the $60 million bagged cumulatively by EA execs in a year plagued by staff layoffs. Out of the EA bigwigs, Andrew Wilson was the biggest earner, followed by Laura Miele, who serves as the president of EA entertainment, technology, and central development. Miele netted $12 million last year. These numbers stand in distressing contrast to the $148,704 compensation received by the median employee. For perspective, CEO Wilson earned 172 times more than the median EA worker. And all of this is without even counting underpaid contractors that companies like EA don\u2019t recognize as actual employees. The EA statement\u2014which is already being lambasted online\u2014praised Wilson for maintaining \"a year of continued employee satisfaction scores above industry benchmarks\" and effectively coordinating studio leadership to foster \u201cfranchise development and success.\u201d In March this year, we saw a round of layoffs in the Apex Legends development team. Ridgeline Games, headed by Marcus Lehto, was also shut down later that same month. After the shuttering, Lehto said that he \u201cdidn\u2019t have anything positive to say about EA.\u201d The company laid off roughly another 670 employees in February \u201cto optimize [EA\u2019s] global real estate footprint to best support [its] business.\u201d","apple_news_notices":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/kazushige.run\/wp-content\/uploads\/2024\/06\/ea-shanghai-office-photo.jpg","_links":{"self":[{"href":"https:\/\/kazushige.run\/wp-json\/wp\/v2\/posts\/1262826"}],"collection":[{"href":"https:\/\/kazushige.run\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kazushige.run\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kazushige.run\/wp-json\/wp\/v2\/users\/2588"}],"replies":[{"embeddable":true,"href":"https:\/\/kazushige.run\/wp-json\/wp\/v2\/comments?post=1262826"}],"version-history":[{"count":3,"href":"https:\/\/kazushige.run\/wp-json\/wp\/v2\/posts\/1262826\/revisions"}],"predecessor-version":[{"id":1263078,"href":"https:\/\/kazushige.run\/wp-json\/wp\/v2\/posts\/1262826\/revisions\/1263078"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kazushige.run\/wp-json\/wp\/v2\/media\/1262830"}],"wp:attachment":[{"href":"https:\/\/kazushige.run\/wp-json\/wp\/v2\/media?parent=1262826"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kazushige.run\/wp-json\/wp\/v2\/categories?post=1262826"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kazushige.run\/wp-json\/wp\/v2\/tags?post=1262826"},{"taxonomy":"invoiceable_action","embeddable":true,"href":"https:\/\/kazushige.run\/wp-json\/wp\/v2\/invoiceable_action?post=1262826"},{"taxonomy":"internal-label","embeddable":true,"href":"https:\/\/kazushige.run\/wp-json\/wp\/v2\/internal-label?post=1262826"},{"taxonomy":"article_type","embeddable":true,"href":"https:\/\/kazushige.run\/wp-json\/wp\/v2\/article_type?post=1262826"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/kazushige.run\/wp-json\/wp\/v2\/coauthors?post=1262826"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}

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