EA Games to cut 1500 Jobs and Sack some Games

[X400]

Local video-game industry hit by Electronic Arts cuts EA eliminating 1,500 jobs overall
Richard Dettman / CP Files BURNABY (NEWS1130) | Monday, November 9th, 2009 2:52 pm


BURNABY (NEWS1130) - Electronic Arts (EA) says it will eliminate 1,500 jobs--an unspecified number of them in Canada--and close several facilities after reporting its 11th straight quarterly loss. EA says most of the jobs will be gone by the end of March as part of a restructuring it expects to save at least $100 million US per year.

The company would only say the reductions are "significant'' at its Canadian operation in the Vancouver area. Its Burnaby studio employs 1,500, while locations in Montreal and Edmonton total about 1,200. CEO John Ricietello says "This year we have had success putting more resources behind fewer packaged-goods titles", adding "we have decided to narrow our slate further" for the coming fiscal year. He wouldn't name the games that might be scrapped.
EA sees growth in online games, which is why it has spent $275 million acquiring one of the top providers of games for Facebook. The top 10 games on Facebook have attracted more than 100 million users.

http://www.news1130.com/news/local/m...09_175903_2184

better article http://money.ca.msn.com/investing/ne...entid=22551028

I know a few ppl who work for EA but i dont think they've been affected

i wonder what games they'll decide to cut