Archive for February 7th, 2009

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Game over for EA?

According to VGchartz.com video game giant, Electronic Arts, posts a massive Q3 loss of $641 million – as if $33 million wasn’t bad the previous quarter. But that’s not the extent of the bad news. 1,100 heads are also scheduled to roll at all levels of employment, as well as a freeze on all raises. Here’s where it gets strange, EA’s revenue was up from $1.5 billion to $1.65 billion. Is it just me, or are we living in an era of the financial freakshow? Shit is just not making sense these days.

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