Videogame titan Electronic Arts to lay off more workers | Inquirer Technology

Videogame titan Electronic Arts to lay off more workers

/ 10:43 AM April 26, 2013

SAN FRANCISCO–Electronic Arts on Thursday said that more layoffs were in store at the console videogame titan as it adapts to the popularity of play on smartphones, tablet computers and online social networks.

“In recent weeks, EA has aligned all elements of its organizational structure behind priorities in new technologies and mobile,” the California-based company said in a blog post.

“This has led to some difficult decisions to reduce the workforce in some locations.”

Article continues after this advertisement

EA referred to the latest round of layoffs as “hard but essential changes.”

FEATURED STORIES

EA did not specify the number of workers being let go, but videogame news website Kotaku cited unnamed sources saying the company would cut employee ranks by 10 percent.

In March, EA chief executive John Riccitiello stepped down.

Article continues after this advertisement

EA veteran Larry Probst was appointed to lead the company’s executive team while the board of directors searches for a replacement for Riccitiello, whose tenure as chief executive began in 2007.

Article continues after this advertisement

EA is among the longtime videogame industry companies striving to adapt to an industry being transformed by the popularity of free play on smartphones, tablet computers and online social networks.

Article continues after this advertisement

While announcing Riccitiello’s departure, EA warned investors that its earnings for the quarter could be slightly lower than estimates provided at the end of January. EA is to report its quarterly earnings on May 7.

Last week, EA announced that it will “retire” some Facebook games that seem to have fallen out of favor with players at the leading social network.

Article continues after this advertisement

EA said that ‘The Sims Social, ‘SimCity Social’ and ‘Pet Society’ will be taken offline on June 14.

“After millions of people initially logged in to play these games, the number of players and amount of activity has fallen off,” EA said in a release.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

EA continues to make games for use on Facebook, noting the upcoming release of Bejeweled, Solitaire, and Plants vs. Zombies titles from its PopCap studio.

TOPICS: economy, Electronic Arts, Labo, Layoff, Work
TAGS: economy, Electronic Arts, Labo, Layoff, Work

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.