Home
Become an editor or a contributor! Here’s how..
EA lays off employees as the economy takes its toll
BY Ricardo Bilton Oct. 31st, 2008 More on:

The EA offices, I suspect, are currently filled with the soft, leather crunching of collective belt tightening. The current economic climate has forced the company and many others like it to shift resources and cut expenses in an effort to stay afloat. Unfortunately for the average EA employee, however, salaries are expenses, and for the approximately six hundred soon-to-be-former employees of EA, some of them are going to get cut.

While EA’s revenues totaled over $800,000,000 this year, a major increase from last year, its losses also increased, totaling $310 million. In an attempt to rectify this, EA plans to cut six percent of its workforce, which they hope will save them $50 million.

Though EA says that the lay-offs will be dispersed globally, it would be interesting to see if any particular studios are getting more than their fare share of unemployment.

Sign up for our daily updates! Enter your e-mail and get fresh gaming news delivered straight to your mailbox once a day.
RELATED STORIES
 
POST AUTHOR
Ricardo Bilton
More from this author
Ricardo Bilton.


  • While we hate limiting conversations in any way, please note that insulting/abusive comments will be removed without hesitation.

    What shall we call you around these parts?

    Remains hidden from others at all times.