We (the CEA Events Team) recently posted about how we cut costs for EA Global last year. That’s a big contributing factor, and involved hiring someone (a production associate) to help us cut overall costs.
Staff costs are a relatively small proportion of our total spending, but the proportion increased in 2024 compared to 2023 (28% vs 21%).
Between 2021 and 2023, our total spending increased by 264% (from $6.9m to $25.1m), while our headcount increased only 40% (from 24 to 34), which meant we had insufficient capacity to improve the quality and cost-effectiveness of our programs. This informed our decision to make foundation-building our organizational priority in 2024, including both investing in hiring to increase our capacity and cutting non-staff costs, with the majority of savings (per Ollie’s comment) being contributed by lower spending on events, especially EAG.
We (the CEA Events Team) recently posted about how we cut costs for EA Global last year. That’s a big contributing factor, and involved hiring someone (a production associate) to help us cut overall costs.
Staff costs are a relatively small proportion of our total spending, but the proportion increased in 2024 compared to 2023 (28% vs 21%).
Between 2021 and 2023, our total spending increased by 264% (from $6.9m to $25.1m), while our headcount increased only 40% (from 24 to 34), which meant we had insufficient capacity to improve the quality and cost-effectiveness of our programs. This informed our decision to make foundation-building our organizational priority in 2024, including both investing in hiring to increase our capacity and cutting non-staff costs, with the majority of savings (per Ollie’s comment) being contributed by lower spending on events, especially EAG.