EA to Fire 1,000 Employees; Close 9 Locations
December 19th, 2008 Posted in Update
The gaming industry has also felt this nasty economy crisis. EA, one of the big names in the business is ready to reorganize itself. I has announce restructuring plans which include firing 1,000 employees and closing 9 studio and publishing locations.
The company announced in October that it will cut 6% of its workforce and now it looks like they went to 10%. Those 1,000 people will be let go by March 31st, 2009. This whole restructuring process combined with the company narrowing its games portfolio will save the company about $120 million annually but it will also cost them $55-65 million in the following quarters.
via Press
December 20th, 2008 at 2:23 am
There is an EA development studio near my place in Australia (Gold Coast), I wonder if that is going to close, hope not.
December 21st, 2008 at 9:56 am
Конкурс для блоггеров от DRUGREVENUE с призовым фондом в 3000 долларов, спешите