EA prepares layoffs after $310 million loss

By Justin Mann on
Game industry behemoth EA hasn't done well the past quarter, and as a result of some significant financial losses has announced that they will be cutting a portion of their workforce. Citing higher development and marketing costs, the company announced that the $310 million loss they suffered will result in them cutting 6% of their workforce, which is somewhere around 500 to 600 people.

Interestingly, one of the bigger successes for the quarter they mentioned was Spore, despite it being one of the most pirated games ever. They did see an increase in sales of 40%, a significant amount. That increase wasn't enough to overcome operating costs, though.

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