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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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14. Re: EA Staff Cuts Oct 29, 2010, 03:43 Dev
 
Ludomancer wrote on Oct 29, 2010, 03:08:
I think EA is really becoming less and less valid these days, (finally), so hopefully we'll start to see less of this kind of thing. I wish they'd hurry up and die, and drag Microsoft and Kotick/Activision down with them.
http://investor.ea.com/secfiling.cfm?filingID=950130-10-1579&CIK=712515

They reduced yearly losses by 30% or 40% compared to last year, they have over twice the assets compared to liabilities, they put out over 150 titles fiscal 2010, in march they finished a year long restructuring plan which got rid of over 1200 employees (dwarfing the 100 this story is about), they had a drop in revenue this year but the biggest drop was in USA and they have almost half of revenue international, they decreased excess inventory by almost half this year, they have 7800 employees only 3% of which are union all of those are in dice in sweden.

IMHO, this is not a picture of a dying company. Feel free to browse through that annual report though and see for yourself.


 
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    Date Subject Author
  1. Oct 28, 22:00 Re: EA Staff Cuts Dev
  2. Oct 28, 22:46  Re: EA Staff Cuts Cram
  3. Oct 28, 22:59   Re: EA Staff Cuts Wildone
  4. Oct 28, 23:50    Re: EA Staff Cuts Dev
  6. Oct 29, 00:49     Re: EA Staff Cuts Wildone
  7. Oct 29, 00:53      Re: EA Staff Cuts Sepharo
  8. Oct 29, 01:26      Re: EA Staff Cuts Dev
  9. Oct 29, 01:29       Re: EA Staff Cuts Sepharo
  5. Oct 29, 00:38 Re: EA Staff Cuts DangerDog
  10. Oct 29, 02:52 Re: EA Staff Cuts AngryMax
  11. Oct 29, 02:58  Re: EA Staff Cuts Dev
  12. Oct 29, 03:08   Re: EA Staff Cuts Ludomancer
  13. Oct 29, 03:20    Re: EA Staff Cuts D_K_night
>> 14. Oct 29, 03:43    Re: EA Staff Cuts Dev
  15. Oct 29, 03:43 Re: EA Staff Cuts Dev
  16. Oct 29, 04:04  Re: EA Staff Cuts StingingVelvet
  17. Oct 29, 04:24   Re: EA Staff Cuts Dev
  18. Oct 29, 05:24    Re: EA Staff Cuts PsychoMoggieBagpuss
  19. Oct 29, 05:58 Re: EA Staff Cuts Veterator
  20. Oct 29, 06:20  Re: EA Staff Cuts InBlack
  21. Oct 29, 08:14   Re: EA Staff Cuts CJ_Parker
  22. Oct 29, 08:51 Re: EA Staff Cuts AnointedSword
  23. Oct 29, 12:04  Re: EA Staff Cuts CJ_Parker
  24. Oct 29, 16:44 Re: EA Staff Cuts BIGtrouble77
  25. Oct 29, 18:38  Re: EA Staff Cuts HappyPappy
  26. Oct 30, 00:25  Re: EA Staff Cuts Ruffiana


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