EmploymentSpectator » entertainment spending http://www.employmentspectator.com Fri, 30 Jul 2010 20:51:49 +0000 http://wordpress.org/?v=2.8.4 en hourly 1 Electronic Arts Cutting 1500 Jobs http://www.employmentspectator.com/2009/11/electronic-arts-cutting-1500-jobs/ http://www.employmentspectator.com/2009/11/electronic-arts-cutting-1500-jobs/#comments Tue, 10 Nov 2009 01:12:18 +0000 joshua http://www.employmentspectator.com/?p=13983 ea_160x120Video and computer game maker Electronic Arts is planning to cut 1500 jobs, or about 17% of its total workforce. The cuts are a reaction to sharp drops in consumer spending on entertainment.

EA recently acquired online game maker Playfish and is shifting its focus away from traditional “pay then play” games to the rapidly growing “play then pay” model of games. These type of games are free to pay and bring in revenue through microtransactions, selling in game items for small amounts of money.

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