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EA Staff Cuts

Joystiq has confirmation of "seasonal" job losses at Electronic Arts, pointing out this is the third year in a row they've cut jobs heading into the holidays. EA also tells GamesIndustry.biz (registration required) "sources may be exaggerating" the number of positions impacted. These sources include a Tweet by George Broussard, who had said: "EA Canada lays off 100+. Rumors swirl about global EA layoff in double digit range," and a post on Shacknews saying EA Black Box (likewise located in Vancouver, Canada) also suffered layoffs. Here's EA's official statement: "As you know, seasonal roll-offs that follow game launches are common and vital to maintaining a healthy business. Because so many of our games ship in the holiday quarter, the team size adjustments tend to follow in the same timeframe. However, EA is growing and several of our studios are looking to hire talented people."

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18. Re: EA Staff Cuts Oct 29, 2010, 05:24 PsychoMoggieBagpuss
 
It's not just EA. Most publicly traded companies have layoff's just before christmas if the quarters figures aren't looking as good as they'd hoped. Sucks for those people who are now searching for a job on the run in to christmas, but hey, it's all about shareholder value right, and the balance sheet looks better without all that extra expense on wages and benefits? (fuck short-termism)  
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