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Publisher of Video Games to Cut Jobs

I have to say that I am really shocked here. I mean, EA is a growing company with a ton of opportunities. Then again, I guess this is what we call ‘progress’.

Electronic Arts Inc., the world’s largest independent video game publisher, said Wednesday that it was laying off 5% of its workforce, or nearly 350 employees, amid slumping sales.

The Redwood City, Calif.-based company, which employs nearly 7,000 people, is scheduled to release its fiscal third-quarter results today. [Read the rest]

[tags]ea,redwood city,slumping sales,video game publisher[/tags]

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