Coming off a disappointing holiday season, vidgame giant EA on Wednesday laid off approximately 300 employees, or 5% of its global workforce.
Cuts were across different areas, although none of the 325 employees at EA’s game studio in Los Angeles were affected.
A company rep said the job cuts were part of a realignment as the game publisher shifts its operations for new game consoles like the Xbox 360 and PlayStation 3.
EA will report its fourth quarter earnings today. Company already warned investors that slow sales and lower-than-expected shipments of the Xbox 360 would cause it to miss guidance for the quarter ended Dec. 31, the most important for videogame companies (Daily Variety, Dec. 21).