Electronic Arts seeing the floor of sales fall out will undergo cost reductions by eliminating 500-600 jobs. This company makes some pretty cool video games, but I guess the 50-60$ expense for video games is another element that gets cut from the entertainment budget in hard times.
More hard times from a California employer. New job cuts out of the state are rolling in almost daily in line with the financial earnings release season.
Electronic Arts is headquartered in Redwood City, CA.
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