Earlier today Electronic Arts announced that it had acquired social gaming startup Playfish for $300 Million.
This afternoon, Electronic Arts said it would lay off 1,500 workers by April 2010, alongside second fiscal quarter results that saw the publisher post a decrease in year-over-year revenues and a widening net loss of $391 Million.
According to Gamasutra, about 1,300 of those layoffs are part of a wide-reaching restructuring plan that will include "the closure of several facilities." Gamasutra names the affected locations to be EA Redwood Shores, Tiburon, Mythic, and Black Box affected.
Want to be part of the Next Generation of games development? EA is the leading developer for next gen games and looking for passionate gamers who... [more]
Rob Lewis
Rob is the President of Techvibes Media Inc. and Editor-in-Chief of Techvibes.com.
His diverse background includes stints in International Trade Finance, Web Development, and Enterprise Software and he is a graduate of the University of British Columbia, British Columbia Institute of Technology, and Simon Fraser University.
When not blogging on...[more]
