Massive layoffs at EA

Discussion in 'General Gossip, Troll Wars & Game Development' started by inextirpable, Nov 9, 2009.

  1. inextirpable

    inextirpable Lurker Not From Round Here

    Fuck, I´m sorry for those affected. What the hell is going on with this industry?

    "Cost Reduction PlanEA has announced a plan to narrow its product portfolio to provide greater focus on titles with higher margin opportunities.This action will result in the closure of several facilities and a headcount reduction of approximately 1,500 positions, of which 1,300 are included in a restructuring plan. The majority of these actions will be completed by March 31, 2010. This plan will result in annual cost savings of at least $100 million and restructuring charges of $130 to $150 million.EA remains committed to delivering high quality games for consumers and leading the industry in the growing digital direct gaming sector."
     
  2. Eclectic

    Eclectic Banned

    The worst hit studios seem to be Tiburon, Mythic, Black Box and Redwood Shores. Maybe shareholders should be looking at the strategic management of the company.
     
  3. Eclectic

    Eclectic Banned

    "Some 900 EA developers across numerous studios will be laid off, compared to the 500 cuts in publishing and 100 in corporate affairs."