Massive Layoffs Had Hit At Electronic Arts

Date: 11-01-2008 Views:
KeyWord: EA, Game, Layoff
Summary: Electronic Arts, the world's leading independent developer and publisher of interactive entertainment software for personal computers and advanced entertainment systems, will fire 6 percent of its staff or about 600 positisions.

According to the news reported by Kotaku, Electronic Arts, the world's leading independent developer and publisher of interactive entertainment software for personal computers and advanced entertainment systems, will fire 6 percent of its staff or about 600 positisions. The details are as below:

 

"EA is continuing to make progress against our business plan, but we have the constant imperative to keep our costs in line as we grow our revenues and improve our margins," Electronic Arts spokesperson Mariam Sughayer told me. "Decisions that impact people's jobs are always extremely tough but all of the people affected will be treated fairly and respectfully."

"We have begun a cost reduction initiative which will include eliminating approximately six percent of our existing workforce - or approximately 600 positions. We will also reduce hiring and close some open positions that we had previously planned to fill this fiscal year."

"All parts of EA have reviewed their team sizes to adjust employee numbers. The goal is to ensure we're resourced in a way that allows us to continue to grow our revenues while at the same time keeping our costs under control and improving profitability. These changes will be announced to affected staff starting October 30."

Read More Electronic Arts Lays Off Six Hundred

Resource: Kotaku

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