EA layoffs may be looming
Date: Wednesday, February 01 @ 22:08:38 UTC
Topic: Xbox General
A well-informed anonymous tipster has let us know that EA may be gearing up for big layoffs. Though the company hasn't made any announcements, here are some contributing factors that might have lead to layoffs, if the rumor is true:
The delays of their highly anticipated The Godfather game have proven costly, resulting in poor earnings for the quarter ending in June. And it's still not out.
Lower-than-expected sales of Xbox 360 titles, due to lower-than-expected Xbox 360 sales.
The transition period between console cycles often brings turbulence: "the big four [game publishers]... will suffer from declining sales with established franchises, as they struggle to meet the shortfall with new, next generation I.P."
We'll keep our ears open for any more information, but it looks like EA might be in some rough waters.
News-Source: http://www.joystiq.com
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