EA cutting 1,500 jobs, over 'a dozen' games canceled - News at GameSpot

Publisher slashes staff by 17% to save $100 million annually, focus on higher-margin titles; internal sources confirm reductions at Skate, Madden, and Dante's Inferno devs; over one-third Mythic reportedly pink-slipped.

[UPDATE] In a press release, EA has now officially confirmed it is laying off 1,500 employees as part of a general restructuring which will see the publisher "provide greater focus on titles with higher [profit] margin opportunities." In a conference call with analysts, CEO John Riccitiello said that as of September 30, the company had 8,820 employees, meaning it is letting go 17% of its global payroll.