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Reports: Electronic Arts Lays Off Employees In 'Seasonal Roll-offs'
by Kyle Orland [PC, Console/PC]
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October 27, 2010
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Reports point to layoffs for 100 or more EA employees from around the company -- which it says are part of seasonal staffing adjustments following the busy holiday production cycle.
ShackNews cites an unnamed source in reporting that "as many as 100 employees" from Vancouver's EA Canada and EA Black Box were let go earlier today. A tweet from 3D Realms' George Broussard places the toll at EA Canada alone at over 100 employees.
The reported layoffs are said to affect teams that worked on games including Skate 3, EA Sports Active and NBA Elite 11. 1UP sources report Elite is being transfered to development at EA Tiburon, after the game was recently delayed to 2011 over "concerns about gameplay polish."
This latest round of layoffs follows an annual pattern at Electronic Arts of paring down staffing numbers after the bulk of development for the packed holiday release season is done. The publisher let go of 600 employees in October of 2008 and confirmed lay offs for 1,500 last November.
"As you know, seasonal roll-offs that follow game launches are common and vital to maintaining a healthy business," EA spokesperson Jeff Brown told Joystiq in a statement.
"Because so many of our games ship in the holiday quarter, the team size adjustments tend to follow in the same timeframe. However, EA is growing and several of our studios are looking to hire talented people."
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http://www.thatvideosite.com/video/well_drawn_explanation_on_what_motivates_us
That has to be the most hilarious closing statement, in the context of this article.
But on the other side it's also a way for character assassinations to be fulfilled!
Or you meant that the supply of people is greater than the demand for for people?
But replying to Dave:
It is what Daniel said... I am for example unemployed, I live in a crap country, and I have huge debts after paying a private game school.
Although I don't plan in working at EA, or Ubisoft, or etc... If there are a opportunity, I would probably take it, because I need those crap companies, I cannot turn the offer down, if the other option is death (unfortunately in my case, quite literally, because of the sheer violence of the place where I live...)
I'll add to this.. Now, the contracting positions are scarce for new grads because they are being swallowed up by recent layoff workers so they can only hope for unpaid internships or go overseas to Singapore and China for work..
Usually, as soon as layoffs occur, someone winds up making a killing on wall street. Shareholders are idiots for the most part because they make decisions on the most rudimentary of facts presented to them. Real productivity is not measured in Wall Street, only the perception of greater efficiency because they do not have the capacity to understand the business they are invested in (which goes against much logic and reason, warren buffet would agree). Even if the layoffs do not result in better improved performance (by industry, not wall street standards) they are still a stock boost.
How can they get away with it? Because we let them. We love the work we do and we believe that they are the only people that could allow us to do so. But the reality is that the majority of employment comes from small businesses who are reliant on a healthier staff. They cannot afford to spend resources on turnover. They are less likely to deal with unintelligible investors and be burdened with increasing the perceived value of their company.
"Okay, your game shipped... now get the hell out of here" is what it sounds like to me.
offs.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA note that investors aren't buying on this news. I don't have the time to dig up hard proof to similar times in the past 4-8 quarters, but my memory is that there's no current correlation between layoff news and ERTS improving.
(Disclaimer: I used to be employed in the EA family of companies. Left voluntarily.)
EA doesn't really "lay off" anyone 'cause slaves aren't "let go"...
Example: IGN had a round of layoffs in March of this year & many of those layoffs were questionable...and that fact was proven questionable when the IGN GM (Roy Bahat) said that the company was doing well & that profits were up 40%.