The3represents

joined 3 days ago
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EA's new owners are making "a huge bet" on generative AI cost-cutting to help repay a $20 billion loan, claims report in c/games@sh.itjust.works
[–] The3represents@sh.itjust.works 5 points 2 days ago

That was exactly my thought. Extract cash for the owners through massive cuts, gut the company and discard the husk. Classic leveraged buy out scheme.