Wednesday, March 29, 2023

'FIFA' publisher EA to cut 6% of workforce, reduce office space

Electronic Arts Inc said on Wednesday it would lay off about 6% of its workforce and reduce office space, making it the first major videogame publisher to announce job cuts. Technology firms have led the latest round of layoffs as U.S. companies brace for a potential economic downturn amid rising interest rates around the world.

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Tata AutoComp Systems to acquire 80% stake in Artifex

Tata AutoComp Systems Ltd will acquire an 80% stake in Artifex Interior Systems Ltd, part of the Jaguar Land Rover group. This move expands ...