News

EA About to Lay Off 500-1000 People

According to a report on Startup Grind, a site that normally deals with tech companies and their founders, publisher Electronic Arts will very soon lay off as many as 1000 employees.

Originally planned to take place last week, the lay offs have reportedly been slightly postponed, though may now take place ” as soon as this week”.

The report claims between 500-1000 employees will be affected. That’s a lot of people, even for a company as big as Electronic Arts.

Startup Grind’s report goes on to speculate the layoffs are a result of a disappointing 2011 in which a few hit games (like Battlefield 3) had their sales overshadowed by an overspend on marketing, expensive acquisitions and disappointing subscriber numbers for big-budget MMO Star Wars: Old Republic.

Source: Kotaku

Peter Donnell

As a child still in my 30's (but not for long), I spend my day combining my love of music and movies with a life-long passion for gaming, from arcade classics and retro consoles to the latest high-end PC and console games. So it's no wonder I write about tech and test the latest hardware while I enjoy my hobbies!

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