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EA to Cut 5% of Workforce Video game company Electronic Arts announced Wednesday that it will cut 5% of its workforce, part of a plan that includes reducing office space and ending work on some video games.

The figure equates to about 10% of the company's workforce.In addition to the job cuts, about 7,000 employees will be moved into new AI-focused roles.;300: The number of corporate employees coffee chain Starbucks announced it would lay off in their latest rounds of staffing cuts.

Employers understand cutting or reducing healthcare benefits to cut costs would have, at best, only short-term benefits, stated professional services firm Marsh McLennan in a recent research report.

cut about 3,000 workers last summer and signaled earlier this year that more layoffs could be coming as it tries to streamline its vehicle offerings and accelerate its own cost-cutting efforts.

Warner Music to Cut 600 Jobs Warner Music is laying off 600 employees, or about 10% of its workforce, according to CNBC .

Checkr Cuts 32% of Workforce Checkr, a 10-year-old startup that offers employee background checks, has laid off 382 employees, according to a report from TechCrunch .

Access a bonus Workspan Daily Plus+ article on this subject: ;Steps to Help Employees Before They Cut 401(k) and Other Contributions;How to Drive Financial Benefit Usage When Employees’ Budgets Are Tight; Workers and HR Pros Are Worried The Morgan Stanley data aligns with other reports citing a pullback in benefit contributions.

Even when a role is part of the benchmarking database, data might not be available in a specific market or scope cut due to small sample sizes or low participation.; ;New or niche roles.

The types of compensation affected by cuts include: ;Bonuses (61%); ;Equity or stock awards (60%); ;Raises (59%); ;Benefits (53%); ;Base salaries (43%); According to the report, many organizations that are cutting compensation or using layoffs to fund AI are planning to take a flat, across-the-board approach to raises in 2026, sometimes referred to as “peanut butter raises,” rather than tying compensation to individual performance.

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