EA Increases Layoff Numbers
Electronic Arts has announced that it is expanding its layoff plans and will be closing at least nine studio locations. One of the closures will be at EA Black Box in Canada. The studio will actually be moving across town to the large EA Canada campus where Wing Commander Arena was managed from. The 6% staffing reduction has also been increased to 10%. There will also be some game cancellations.
EA is implementing a plan to narrow its product portfolio to focus on hit games with higher margin opportunities. The company remains committed to taking creative risks, investing in new games, leading the industry in the growing mobile and online businesses, and delivering high-quality games to consumers.
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