not good for video game fans
11-09-2009
, 08:55 PM
http://ca.news.yahoo.com/s/capress/0...onic_arts_cuts
what about the Ea sports games, hope they don't cut those games
what about the Ea sports games, hope they don't cut those games
11-09-2009
, 09:30 PM
11-09-2009
, 09:42 PM
11-09-2009
, 09:42 PM
11-09-2009
, 09:44 PM
that's what i am saying
Nice to meet another mod btw, i will buy you a drink too with kevmath.
11-09-2009
, 09:49 PM
btw he quoted nothing, he just posted the article
11-09-2009
, 10:19 PM
By Brenda Bouw, The Canadian Press
VANCOUVER, B.C. - Video game maker Electronic Arts (Nasdaq:ERTS) is cutting 1,500 jobs or about 17 per cent of its workforce, including a "significant" reduction in staff at one of its Canadian operations.
The company behind such games as "Madden NFL 10" and "Rock Band" said Monday the cuts include closure of several of its facilities across North America and dropping some of its titles, to save it $100 million annually.
A Canadian spokesman for the company said the "reductions are significant" at its operations in the Vancouver suburb of Burnaby, however the studio will remain open.
EA would not break down the cuts by region or comment specifically on the fate of its operations in Montreal and Edmonton.
Before the layoffs, the company had about 2,700 employees across Canada, including 1,500 in Burnaby, B.C. and the rest in Montreal and Edmonton.
California-based Electronic Arts, also known as EA, said the restructuring is being done to help it focus on higher-profit titles, and as a result of a challenging market for game sales as a result of the recession.
The cuts include 900 in development, 500 in publishing support and 100 from administrative staff.
The cuts are in addition to the 1,100 jobs the company already slashed this year as part of a restructuring plan to shift focus to hit games.
The layoffs came alongside EA's announcement it was buying Playfish Inc., the creator of popular social networking games such as "Who Has the Biggest Brain" and "Pet Society," for US$275 million.
That deal moves EA further into the lucrative world of social online games, which tens of millions of people play on Facebook, MySpace, the iPhone and other platforms.
"We are making tough calls to cut cost in targeted areas and investing more in our biggest games and digital businesses," EA chief executive John Riccitiello said Monday.
Also Monday, EA reported a second-quarter loss of US$391 million, or $1.21 a share, 26 per cent wider than the loss from a year earlier.
Net sales fell 12 per cent to $788 million in the July-September period. But sales including deferred revenue from online games grew two per cent to $1.15 billion, inching past Wall Street's expectations.
EA also said it expects to report a net loss for the full fiscal year.
After record retail sales in 2008, the video game industry has faced a tough year as consumers cut back on discretionary spending as a result of the global recession.
The latest cuts come after EA announced at the end of last year that it would slash its workforce by about 10 per cent to save $120 million a year.
At that time, EA also moved its Vancouver-based Black Box Studio, known for the popular driving game "Need For Speed," to its Burnaby facility.
EA said Monday that this latest round of cuts will be complete by March and result in restructuring charges of between $130 to $150 million.
The company had about 9,000 employees and about 31 titles before Monday's announcement.
EA shares were down two per cent to US$19.20 in after-hours trading on the Nasdaq Monday.
-With files from The Associated Press
what about the Ea sports games, hope they don't cut those games[/QUOTE]
hmmmmmm
VANCOUVER, B.C. - Video game maker Electronic Arts (Nasdaq:ERTS) is cutting 1,500 jobs or about 17 per cent of its workforce, including a "significant" reduction in staff at one of its Canadian operations.
The company behind such games as "Madden NFL 10" and "Rock Band" said Monday the cuts include closure of several of its facilities across North America and dropping some of its titles, to save it $100 million annually.
A Canadian spokesman for the company said the "reductions are significant" at its operations in the Vancouver suburb of Burnaby, however the studio will remain open.
EA would not break down the cuts by region or comment specifically on the fate of its operations in Montreal and Edmonton.
Before the layoffs, the company had about 2,700 employees across Canada, including 1,500 in Burnaby, B.C. and the rest in Montreal and Edmonton.
California-based Electronic Arts, also known as EA, said the restructuring is being done to help it focus on higher-profit titles, and as a result of a challenging market for game sales as a result of the recession.
The cuts include 900 in development, 500 in publishing support and 100 from administrative staff.
The cuts are in addition to the 1,100 jobs the company already slashed this year as part of a restructuring plan to shift focus to hit games.
The layoffs came alongside EA's announcement it was buying Playfish Inc., the creator of popular social networking games such as "Who Has the Biggest Brain" and "Pet Society," for US$275 million.
That deal moves EA further into the lucrative world of social online games, which tens of millions of people play on Facebook, MySpace, the iPhone and other platforms.
"We are making tough calls to cut cost in targeted areas and investing more in our biggest games and digital businesses," EA chief executive John Riccitiello said Monday.
Also Monday, EA reported a second-quarter loss of US$391 million, or $1.21 a share, 26 per cent wider than the loss from a year earlier.
Net sales fell 12 per cent to $788 million in the July-September period. But sales including deferred revenue from online games grew two per cent to $1.15 billion, inching past Wall Street's expectations.
EA also said it expects to report a net loss for the full fiscal year.
After record retail sales in 2008, the video game industry has faced a tough year as consumers cut back on discretionary spending as a result of the global recession.
The latest cuts come after EA announced at the end of last year that it would slash its workforce by about 10 per cent to save $120 million a year.
At that time, EA also moved its Vancouver-based Black Box Studio, known for the popular driving game "Need For Speed," to its Burnaby facility.
EA said Monday that this latest round of cuts will be complete by March and result in restructuring charges of between $130 to $150 million.
The company had about 9,000 employees and about 31 titles before Monday's announcement.
EA shares were down two per cent to US$19.20 in after-hours trading on the Nasdaq Monday.
-With files from The Associated Press
what about the Ea sports games, hope they don't cut those games
[/QUOTE]hmmmmmm
11-09-2009
, 10:21 PM
so much fail ITT IMO
OP since you don't seem to get it. you failed at the thread title, make it something like "zomg EA lays off 1239812 ppl"
post a link of the article and copy/paste the body of article (quoting it) so that we don't have to click the link and read the stupid ads on the side, etc.
OP since you don't seem to get it. you failed at the thread title, make it something like "zomg EA lays off 1239812 ppl"
post a link of the article and copy/paste the body of article (quoting it) so that we don't have to click the link and read the stupid ads on the side, etc.
11-09-2009
, 10:22 PM
Quote:
By Brenda Bouw, The Canadian Press
VANCOUVER, B.C. - Video game maker Electronic Arts (Nasdaq:ERTS) is cutting 1,500 jobs or about 17 per cent of its workforce, including a "significant" reduction in staff at one of its Canadian operations.
The company behind such games as "Madden NFL 10" and "Rock Band" said Monday the cuts include closure of several of its facilities across North America and dropping some of its titles, to save it $100 million annually.
A Canadian spokesman for the company said the "reductions are significant" at its operations in the Vancouver suburb of Burnaby, however the studio will remain open.
EA would not break down the cuts by region or comment specifically on the fate of its operations in Montreal and Edmonton.
Before the layoffs, the company had about 2,700 employees across Canada, including 1,500 in Burnaby, B.C. and the rest in Montreal and Edmonton.
California-based Electronic Arts, also known as EA, said the restructuring is being done to help it focus on higher-profit titles, and as a result of a challenging market for game sales as a result of the recession.
The cuts include 900 in development, 500 in publishing support and 100 from administrative staff.
The cuts are in addition to the 1,100 jobs the company already slashed this year as part of a restructuring plan to shift focus to hit games.
The layoffs came alongside EA's announcement it was buying Playfish Inc., the creator of popular social networking games such as "Who Has the Biggest Brain" and "Pet Society," for US$275 million.
That deal moves EA further into the lucrative world of social online games, which tens of millions of people play on Facebook, MySpace, the iPhone and other platforms.
"We are making tough calls to cut cost in targeted areas and investing more in our biggest games and digital businesses," EA chief executive John Riccitiello said Monday.
Also Monday, EA reported a second-quarter loss of US$391 million, or $1.21 a share, 26 per cent wider than the loss from a year earlier.
Net sales fell 12 per cent to $788 million in the July-September period. But sales including deferred revenue from online games grew two per cent to $1.15 billion, inching past Wall Street's expectations.
EA also said it expects to report a net loss for the full fiscal year.
After record retail sales in 2008, the video game industry has faced a tough year as consumers cut back on discretionary spending as a result of the global recession.
The latest cuts come after EA announced at the end of last year that it would slash its workforce by about 10 per cent to save $120 million a year.
At that time, EA also moved its Vancouver-based Black Box Studio, known for the popular driving game "Need For Speed," to its Burnaby facility.
EA said Monday that this latest round of cuts will be complete by March and result in restructuring charges of between $130 to $150 million.
The company had about 9,000 employees and about 31 titles before Monday's announcement.
EA shares were down two per cent to US$19.20 in after-hours trading on the Nasdaq Monday.
-With files from The Associated Press
what about the Ea sports games, hope they don't cut those games
VANCOUVER, B.C. - Video game maker Electronic Arts (Nasdaq:ERTS) is cutting 1,500 jobs or about 17 per cent of its workforce, including a "significant" reduction in staff at one of its Canadian operations.
The company behind such games as "Madden NFL 10" and "Rock Band" said Monday the cuts include closure of several of its facilities across North America and dropping some of its titles, to save it $100 million annually.
A Canadian spokesman for the company said the "reductions are significant" at its operations in the Vancouver suburb of Burnaby, however the studio will remain open.
EA would not break down the cuts by region or comment specifically on the fate of its operations in Montreal and Edmonton.
Before the layoffs, the company had about 2,700 employees across Canada, including 1,500 in Burnaby, B.C. and the rest in Montreal and Edmonton.
California-based Electronic Arts, also known as EA, said the restructuring is being done to help it focus on higher-profit titles, and as a result of a challenging market for game sales as a result of the recession.
The cuts include 900 in development, 500 in publishing support and 100 from administrative staff.
The cuts are in addition to the 1,100 jobs the company already slashed this year as part of a restructuring plan to shift focus to hit games.
The layoffs came alongside EA's announcement it was buying Playfish Inc., the creator of popular social networking games such as "Who Has the Biggest Brain" and "Pet Society," for US$275 million.
That deal moves EA further into the lucrative world of social online games, which tens of millions of people play on Facebook, MySpace, the iPhone and other platforms.
"We are making tough calls to cut cost in targeted areas and investing more in our biggest games and digital businesses," EA chief executive John Riccitiello said Monday.
Also Monday, EA reported a second-quarter loss of US$391 million, or $1.21 a share, 26 per cent wider than the loss from a year earlier.
Net sales fell 12 per cent to $788 million in the July-September period. But sales including deferred revenue from online games grew two per cent to $1.15 billion, inching past Wall Street's expectations.
EA also said it expects to report a net loss for the full fiscal year.
After record retail sales in 2008, the video game industry has faced a tough year as consumers cut back on discretionary spending as a result of the global recession.
The latest cuts come after EA announced at the end of last year that it would slash its workforce by about 10 per cent to save $120 million a year.
At that time, EA also moved its Vancouver-based Black Box Studio, known for the popular driving game "Need For Speed," to its Burnaby facility.
EA said Monday that this latest round of cuts will be complete by March and result in restructuring charges of between $130 to $150 million.
The company had about 9,000 employees and about 31 titles before Monday's announcement.
EA shares were down two per cent to US$19.20 in after-hours trading on the Nasdaq Monday.
-With files from The Associated Press
what about the Ea sports games, hope they don't cut those games
hmmmmmm[/QUOTE]
probably the worst poster of all time
11-09-2009
, 10:36 PM
I mentioned sterilization to OP, he says great if its a hot chick. Does Ellen Page lop off body parts in whatever movie that is from?
edit: oh and on topic -- **** EA, **** it in its stupid ass
11-10-2009
, 01:15 AM
go watch Hard Candy
I wont spoil it for you
11-11-2009
, 10:44 AM
