The lights are on
During its end of fiscal year 2013 financial call, EA's financial accounting for restructuring hinted at more layoffs to come. Sources tell Game Informer that it will happen today.The restructuring is said to be sweeping, with significant layoffs today across divisions in the United States and Europe. A source pegs the number at approximately 300 employees affected. This news follows the departure of CEO John Riccitiello, the closure of the EA Partners division that provided publishing services by contract, the shuttering of PopCap Vancouver, and significant changes in the publisher's mobile and social strategy.
We have reached out to EA for comment on the layoffs.
Our TakeMore layoffs at EA aren't a surprise, but the timing is terrible. As the gaming world gears up for news and the general excitement of PAX, our thoughts turn to the possibly 300 people that find themselves out of work.
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That would be my guess still sucks they tell you to follow your passion but I couldn't see myself jping in this buiness jus to get laid off our thoughts are with you and we all I'm sure kno what it'd like to be jobless so we sympathise
If this is true, sympathies to those who will be affected.
My condolences go out to those who were effected by this.
My heart goes out to each person affected by the layoffs. gamers tend to forget real people make these games we enjoy!
EA is likely under reconstruction, moving and removing assets to save money. In no way does this mean EA is in dire financial straights. EA is one of, if not the most successful video game publishers in the market. The Roman Empire of the video game industry, if you will. EA won't just collapse or die off. There was no one downfall of the Roman Empire, but rather many issues over the course of a hundred years, from poor management, invasions, to poor financials. EA will likely die off in the same way, but in no time soon. Right now we're seeing the transition from a Republic to a mighty Empire, if not an Empire already. In other words, EA is going to be around for awhile. But those who've lost their jobs, good luck.
Best of luck to those leaving.
With the games that make them the most money coming up, why would they be having layoffs, are they really hurting that bad, or are they just that greedy?
Im hoping someone else/another gaming company comes along and knocks EA down a couple pegs.
It's always sad to see people go, this is what always happens though before new consoles launch. The industry waxes and wanes. I wouldn't be surprised to see them form a new studio, or to become scooped up by another studio.
i bet they did this so hopefully no one would notice while pax was going on.
Why do I get the feeling EA will be filing Bankruptcy within the next 2 years?
i feel like i read this twice a year.
I've got the feeling that EA has not been handling their budgets and planning well the past few years. Thinking they'd sell 5 million copies of Dead Space 3, when the first two barely sold that combined was just one sign that maybe they aren't doing so hot financially.
If the higher-ups cut their salaries, I wonder how many people they could have kept employed.
My condolences to those losing their jobs. Maybe the silver lining is that this restructuring will help fix some of the damage that Riccitiello caused.