This story details the financial reporting at Electronic Arts, as second quarter losses at the gaming giant widened to $310 million. This has had a negative impact on their stock price, their forecast for the year, and will take a toll on their workforce, as word is: "The company will eliminate 6 percent of its workers to save $50 million a year, Redwood City, California-based Electronic Arts said today in a statement." On a semi-related note, Riccitiello: EA Thinks Long-Term With $150 Million For Digital Distro, Online, EAP on Gamasutra has more detail on EA's earnings call relating their plans for the future.
All trademarks are properties of their respective owners.
News CGI copyright © 1999-2014 James "furn" Furness &
All rights reserved.
Chatbear v1.4.0/blue++: Page generated 20 December 2014, 19:26.