Mounting losses force EA to layoff 600 employees

Submitted by Tiberius Jonez

It seems noone is immune to the ill-effects of this Bush economy, and that includes industry giant Electronic Arts. The uber publisher announced its second quarter fiscal results and the news is not good. Coming off a first quarter loss of $95 million, EA announced a loss of $310 million for the period ending September 30. The loss comes despite the retail successes of Madden NFL 09 (4.5 million units sold), Spore (2 million units sold) and Warhammer Online (1.2 million units sold).

Due to the mounting losses, EA announced plans to eliminate roughly 600 employees, representing 6% of the company's total work force. While EA expects to make up some of the losses with upcoming holiday sales, we doubt that makes those 600 feel any better.

Skate video interview

To follow up the Skate story below, here is a video interview showing some of the beautiful graphics of the game. Now you can see why I've been so excited about this game.

EA shows off "Flick it" controls in Skate

EA's Skate has been one of my games to watch for the past several months. It looks great visually and now seems to be taking the final steps to dethroning Tony Hawk as the top skating game with the introduction of it's new "flick it" control scheme.

Using the right analog stick to pull off moves looks very intuitive. Watch the video and you be the judge. Is there a new skateboarding king coming to town?

Wanna be the "EA Sports, it's in the Game" guy? Learn how here!

Andrew Anthony, the official voice of EA Sports' tagline, presents this short and very enthusiastic tutorial on how to properly say the line, "EA Sports, It's in the game!" Very funny!

The movie voice guy should do something like this next.