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About Rainier

PC gamer, WorthPlaying EIC, globe-trotting couch potato, patriot, '80s headbanger, movie watcher, music lover, foodie and man in black -- squirrel!

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EA's Financial Result Reveals Layoffs, Closures and Delays

by Rainier on Nov. 1, 2007 @ 3:46 p.m. PDT

EA released its latest financial results, revealing a loss of $195M, compared to last year's profit of $22M. As a result, EA's board approved a reorganization in order to save $25-30M, which unfortunately means layoffs and branch closures, such as its UK office in Chertsey. At the request of EA Mythic's Mark Jacobs, Warhammer Online is facing yet another delay from its original Q1 2008 date. It's been pushed to Q2 2008 (not before April), but EA execs are still excited about the coming holidays and even raised their expectations with heavy hitters such as Crysis, Hellgate: London and RockBand.
EA released its latest financial results, revealing a loss of $195M, compared to last year's profit of $22M. As a result, EA's board approved a reorganization in order to save $25-30M, which unfortunately means layoffs and branch closures, such as its UK office in Chertsey. At the request of EA Mythic's Mark Jacobs, Warhammer Online is facing yet another delay from its original Q1 2008 date. It's been pushed to Q2 2008 (not before April), but EA execs are still excited about the coming holidays and even raised their expectations with heavy hitters such as Crysis, Hellgate: London and RockBand.
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