Seeking Alpha

More layoffs for Electronic Arts (EA +1%): sources tell gaming site Kotaku EA has cut as much as...

More layoffs for Electronic Arts (EA +1%): sources tell gaming site Kotaku EA has cut as much as 10% of its 9K-strong workforce. EA confirms it's cutting jobs, but doesn't provide specifics. The report shortly follows one claiming EA's 3rd-party publishing services unit is being closed, and two weeks after job cuts hitting EA's Montreal studio were reported. Developer tweets suggest mobile developer PopCap's Vancouver studio and Need for Speed: World developer Quicklime are among the casualties this time. Regardless of the details, it looks like chairman/interim CEO Lawrence Probst is intent on cutting headcount.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)