things looking down at EA

No one is immune from the current crappy economy and that includes the big players in the video game market, as evidenced by Electronic Arts announcing a lowered profit forecast and the inevitability of job cuts ahead. The official word is that the cutbacks are an attempt to raise the company's profitability rather than a direct response to the economy. It makes me sad because a small part of my brain has always wished to work at EA but then again I've read horror stories of the slave-like working conditions and it does sound like they are following suit of many large American companies and moving much of their workforce to cheaper parts of the world. Most people still anticipate a solid holiday season for the video game industry but clearly it's less recession-proof than people might think. Also, perhaps as the article suggests, EA is not very efficient, which might explain why several of their major titles recently have fallen short of fans' expectations.

EA Lowers Forecast and Cuts Its Work Force