EA Responds to Layoff Rumors

Date: Apr 16 2012 01:43:29 Source: IGN Views:
KeyWord: Electronic Arts, EA, EA Layoff, EA Rumor, EA SEGA

EA has responded to reports that it's set to layoff a large percentage of its workforce. According to a rumor originating on Startup Grind, the company is planning to let go between 500 and 1,000 employees this week, which accounts for between 5-11% of total company staff.

Today, EA provided the following statement:

"EA is growing and looking to hire hundreds of people for our digital, console, mobile and social games. Like all game companies, we make occasional adjustments to resize teams as projects are completed and new priorities are established. Overall, we expect that headcount will be up at the end of this year."

EA last saw a round of major layoffs in late 2009. This new round of rumored cuts comes in the wake of a report from the NPD Group last week that game sales are down in the United States.

Several high profile companies have seen layoffs in recent weeks, with Sony making deep cuts and SEGA letting go entire departments, following a series of layoffs at THQ.

EA did not provide any additional comment, but we'll update this story if any new information comes to light.