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EA will Cut 1500 Jobs. Cost Reduction Plan

Overview about EA’s Near Future Included
Page: [2] Read with Small Text Read with Normal Text Read with Large Text Read with Larger Text  [ » ]  Change Text Contrast 3Dup.com - November 11, 2009 - 13:22

Playfish will operate within EA Interactive, a division of EA focused on the web and wireless space. Playfish’s industry-leading talent and critically acclaimed games join EA to capture the exciting opportunities for social gaming and networking across a mass-market audience.

Business Outlook
The following forward-looking statements, as well as those made above, reflect expectations as of November 9, 2009. Results may be materially different and are affected by many factors, including:
  • Development delays on EA’s products.
  • Competition in the industry; the health of the economy in the U.S. and abroad and the related impact on discretionary consumer spending.
  • Changes in anticipated costs.
  • Expected savings and impact on EA’s operations of the Company’s cost reduction plan.
  • Consumer demand for console hardware and the ability of the console manufacturers to produce an adequate supply of consoles to meet that demand.
  • Changes in foreign exchange rates.
  • The financial impact of the Playfish acquisition and potential future acquisitions by EA.
  • The popular appeal of EA’s products; EA’s effective tax rate.
  • ... and other factors detailed in this release and in EA’s annual and quarterly SEC filings.
More Information at www.ea.com

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