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EA Denies Layoff Rumor

An unconfirmed rumor on Startup Grind states between 500 and 1000 layoffs will hit Electronic Arts as soon as this week. They have a list of factors leading to this, including general business downturns, and specific recent aspects of this like disappointing sales of Battlefield 3 and Star Wars: The Old Republic, and the expensive incremental marketing campaigns attempting to boost both games after launch. There's a follow-up to this on Develop denying this. "There are no lay-offs as such, we always have projects growing and morphing," reads a statement they received from EA, which also adds: "at any given time there are new people coming in and others leaving," but that the company "is growing and hiring, building teams to support the growing demand for digital games and services."

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