EA To Cut 500 Jobs

By Digital Trends Staff Published October 25, 2009

EA To Cut 500 Jobs

Electronic Arts might publish some of the most popular video games, but it’s not immune to the financial hard times that are around. After warning that profits will be lower than expected, it said that it will be shedding over 500 jobs, about 6% of its work force, the BBC reports. On the announcement EA saw its share price tumble 20%, closing at $22.78.

EA blamed higher development and marketing costs, as well as delays to the new Harry Potter game, although it said both Spore and NFL 09 has been successful.

Recommended Videos

Heading into what should be the biggest sales season of the year, EA’s chief executive, John Riccitiello, was careful in his assessment:

"Considering the slowdown at retail we’ve seen in October, we are cautious in the short term. Longer term, we are very bullish on the game sector overall and on EA in particular."

Digital Trends Staff

Digital Trends has a simple mission: to help readers easily understand how tech affects the way they live. We are your…

Gaming

Hurry! The Hogwarts Lego set is the cheapest it’s been in months

The Lego Harry Potter Hogwarts Castle and Grounds set.

Lego sets are some of the best ways to get the whole family working on something fun together, and what better IP to satiate our brick-building than Harry Potter? Now that Prime Day Lego deals are beginning to pop up here and there, we came across this phenomenal offer on a Lego HP set:

For a limited time, when you purchase the Lego Harry Potter Hogwarts Castle and Grounds Set on Amazon, you’ll only spend $136. At full price, this model sells for $170. This is actually the cheapest this Lego set has been since Amazon’s July Prime Day sales event.

Gaming

The Sims fans are torn on EA’s Project Rene after details leak

Two Sims sit at an outdoor cafe table at night, chatting.

EA Maxis is still keeping mostly quiet about Project Rene, an upcoming multiplayer spinoff in The Sims series that we once thought would be The Sims 5, but a recent leak may reveal what it'll look like -- and fans aren't pleased.

A new leak from Reddit user DzXAnt22, who had previously posted visuals and the map from an earlier Project Rene PC build, reveals potential new information on the game, which EA recently said in a recent giant The Sims announcement will be multiplayer-focused.

Computing

Today only: Best Buy cut the price of this iBUYPOWER gaming PC by $450

The iBUYPOWER Y60 gaming desktop on a white background.,

Walmart's offer for the iBUYPOWER Y60 gaming PC with the Nvidia GeForce RTX 4070 was among the most popular gaming PC deals a few weeks ago, but if you missed the opportunity to get it with a discount, don't worry because you've got another chance from Best Buy. From the gaming desktop's original price of $2,000, it's down to $1,550 for $450 in savings. You're going to have to be quick with your purchase though, as there are only several hours remaining before the bargain gets taken down, and we're not sure when it will return after that.

Why you should buy the iBUYPOWER Y60 gaming PC
If you want a gaming desktop that will be able to play all of the best PC games without any issues, go for the iBUYPOWER Y60 gaming PC. With the Nvidia GeForce RTX 4070 graphics card working in tandem with the 13th-generation Intel Core i9 processor and 32GB of RAM, this machine can challenge the best gaming PCs in terms of performance. It will also be ready for the upcoming PC games of the next few years, so it will be a while before you need to consider upgrading its components.