As reported here on Neowin earlier today, Electronic Arts announced the results of the game publisher's third quarter 2003 fiscal year results, and as expected the largest third party console-PC game publisher had a record quarter with revenues of $1.23 billion for the period October-December 2002.
However, the biggest surprise in the EA financial statement was this: "In the fourth quarter, EA will begin the consolidation of our Los Angeles, Irvine and Las Vegas studios into a major game development studio in Los Angeles."
Based on this statement, this means the end of both Westwood Studios (Las Vegas) and EA Pacific (Irvine). EA's chief financial officer Warren Jenson was quoted in a report by the Reuters news service as saying saying that 50 jobs will be cut as a result of the consolidation.
News source: Worthplaying | HomeLAN
