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EA Lays off Hundreds

Filed under: General Gaming
Posted by Jeremy on February 2, 2006 10:55 AM
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A report published in the Wall Street Journal and reported in many publications including the Seattle PI confirms rumors that Electronic Arts has laid off hundreds of employees, affecting about 5% of their workforce. EA spokeswoman, Trudy Muller said, "Every division will be changing to reflect our new priorities." These new priorities include next-gen consoles, internet games (Pogo.com), and online games. EA is the world's largest video game publisher with franchies such as The Sims, Madden, Lord of the Rings, Harry Potter, and Medal of Honor. On a side note, EA is today releasing their 3rd quarter earnings. Analysts do not expect earnings to be good. If anything crazy is announced, I'll update this article.

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