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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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