Luk3us 63 Posted November 10, 2009 Electronic Arts has detailed the radical business changes – first announced last night – which will see it lay off 1500 staff by the end of March 2010 and reduce the number of blockbuster titles it releases each year. Speaking during a conference call to investors, chief financial officer John Brown clarified that 900 positions in game development will go, 500 jobs in publishing and 100 at corporate level, in a bid to to save USD 100 million annually. "Laying off employees and closing facilities is never pleasant," offered John Riccitiello, CEO of Electronic Arts. "We have a lot of compassion for those impacted but these cuts are essential for transforming our company. Our operating expenses will be reduced by at least USD 100 million compared to our current run rate." Although solid details on teams affected have not yet been addressed, it's believed Black Box, Redwood Shores, Tiburon and Mythic have all been hit, and the publisher has said it will close "several" facilities down entirely. "We think the cuts we have made are very, very aggressive. We've cut teams, we've cut corporate, we've cut overhead, we've cut publishing but not to the point of hampering ourselves," added Riccitiello. As well as letting staff go, EA plans to reduce its portfolio of titles, with Riccitiello suggesting that around 12 unannounced projects in various stages of development have been cancelled. "Electronic Arts has a core slate of games label and sports franchises that we will iterate on a either annual or bi-annual basis. And I think you know what those major titles are - all of them are selling or have sold in their most recent edition 2 million units or more," he detailed. "After that, we've got The Sims and Hasbro, and frankly anything that doesn't measure up to looking like it can pencil out to be in very high profit contributor and high unit seller got cut from our title slate from this point going forward. "So it is really, in a way, if you could array our title slate up knowing what we did about what we would have otherwise brought to market, we cut the bottom third of it." http://www.gamesindustry.biz/articles/ea-d...celled-projects Poor Tiberium, it never stood a chance... Share this post Link to post
PurpleGaga27 40 Posted November 10, 2009 What about RA4, Generals 2 and Renegade 2? Put off till later? I hope RA4 is one of them and I hope that EALA isn't developing RA4 yet due to the economic crisis. It's so odd why EA didn't announce which 12 games that are unannounced to be canned out. Share this post Link to post
Doctor Destiny 41 Posted November 10, 2009 There's probably a reason why those 12 titles were never announced. Share this post Link to post
Sonic 296 Posted November 10, 2009 What about RA4, Generals 2 and Renegade 2? You make it sound like those games actually exist. I saw other C&C fan sites reporting this news. Not sure why though..... it has nothing to do with C&C. Share this post Link to post
Doctor Destiny 41 Posted November 10, 2009 Renegade 2 did actually exist though. Share this post Link to post
Nmenth 291 Posted November 10, 2009 I saw other C&C fan sites reporting this news. Not sure why though..... it has nothing to do with C&C. It could. They said nothing about C&C yet, but that doesn't mean our franchise is safe. Edit: Like this topic I hadn't read yet... Renegade 2 did actually exist though. Sort of... Long live Renegade! Share this post Link to post
Koen 2 Posted November 10, 2009 The C&C franchise hasn't sold 2 million units in its lated iteration, so from the statements above it is in danger. Share this post Link to post
PurpleGaga27 40 Posted November 12, 2009 ^ Where do I find that information??? See the CNCNZ news section. There's a thread where everybody is talking about the fate of EALA, C&C4 and the others. Share this post Link to post
Gben 20 Posted November 13, 2009 The C&C franchise hasn't sold 2 million units in its lated iteration, so from the statements above it is in danger. ^ Where do I find *that* information! Share this post Link to post
PurpleGaga27 40 Posted November 13, 2009 ^ Where do I find *that* information! Well you should try googling that for information, perhaps in some game news sites. That number was probably just an estimate. Besides I seldom look for news about C&C sales. Share this post Link to post