Electronic Arts boss to clean house
A leaked internal email indicates that the videogame behemoth Electronic Arts is vying to slash staff. The first of EA's studios CEO John Riccitiello will slash are Mythic and EA Redwood Shores. The email issued to Mythic employees says it will trim down through "attrition, performance management, stricter hiring guidelines and layoffs." Apparently, EA has started handing out pink slips, with more to follow. Would this have anything to do with EA's grand $860 million acquisition of BioWare and Pandemic Studios? Riccitiello spearheaded the purchase of both in 2005 when he was at private-equity firm Elevation Partners. What a lovely modus operandi: Profit today, screw people out of their jobs tomorrow.