April 16, 2012

Electronic Arts has announced a companywide lay off from between 500-1000 people. A number that will result in having 5%-11% of their staff back out on the job market. This lay off was originally planned to happen last Monday (4/9) but was pushed back. It has been confirmed that they are coming very soon however.

After EA’s plummeting stock prices dropping from a once lofty $61 per share has recently fallen to $16 per share. While being speculated to keep falling. This is believed to have been caused by 2011 not having as many big blockbuster hits aside from Battlefield 3, highly underwhelming success from Star Wars: The Old Republic, and high marketing costs. Additionally The Consumerist naming the company as the “Worst Company In America” recently, may have the higher ups considering some restructuring.

One of the next big titles for the PlayStation Vita, Gravity Rush, will be receiving a playable demo two weeks before its June 2012 launch. The demo will hit the PlayStation Network on May 29^th in North American and May 30^th in Europe.

Gravity Rush tells the tale of Kat, a young girl who gains the ability to defy gravity, allowing her to run along the sides of buildings and float through the air. The game brings a unique approach to both traditional platformers and combat as players must navigate an ever changing landscape and level up Kat’s abilities.

Gravity Rush launched in Japan as “Gravity Daze”, one of the launch titles for the PlayStation Vita. It promises to be one of the more intriguing games the system has to offer.

Source

Electronic Arts Set To Lay Off Up To 1000

Gravity Rush Demo Arrives On May 29th