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EA Reports $310 Million Net Loss, Cuts Workforce by Six Hundred

EA Reports $310 Million Net Loss, Cuts Workforce by Six Hundred 50°
334w ago - Word hit today through the grapevine that "massive" layoffs had hit at Electronic Arts. Initially we heard as much as 20 percent of the staff has been let go, but a quick check with Electronic Arts confirms that it was actually 6 percent, or about 600 positions.

"EA is continuing to make progress against our business plan, but we have the constant imperative to keep our costs in line as we grow our revenues and improve our margins," Electronic...
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