Seems the bigger news is them giving up on some licensed IPs such as the upcoming Star Wars game and instead doubling down on their own products such as sports games.
Is it really "slashing" if it's 5%? That is, half of these folks could be hiring/HR people who were brought on in the last couple years as many tech companies went on hiring sprees. And the other half could be quiet-quitters who might have been laid off even in normal times.
Does anyone know more about what types of employees were affected?