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EA Job Cuts

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.

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11. Re: EA Job Cuts Oct 31, 2008, 11:05 Jackplug
Well what a suprise, thinking they can walk over the gamers and
make them pay more than once. Well what did they expect when they
shafted pc gamers with DRM, they lost huge as they pushed all the
people who would pay for a game into piraters..

They would of raked in millions of they didnt put on DRM on Spore
as it was highly anticipated, also lost with Farcry 2. Both of which
I cancelled my pre orders as DRM was introduced, sorry EA I must be
part of the 2% your missing...

This comment was edited on Oct 31, 2008, 11:06.
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