The publisher Electronic Arts is currently undergoing some restructuring and announced today redundancies of 10% (~1,000 people) of its work force (which represents a four percent increase from the six percent reduction EA announced in October).
Additionally at least nine studio and publishing locations are going to be closed or consolidated, among them EA Black Box, the developers of the Need for Speed series since Hot Pursuit 2. The development team will move to the nearby EA studio location in Burnaby, British Columbia.
So the rumours of shutting down the NFS series last week are partly true, but it doesn't seem like EA is cutting NFS. It's not sure however, who will continue the series: the Black Box team, maybe Criterion Games (the makers of Burnout) or a fusioned team...
The layoffs and restructuring plan will result in annual cost savings of approximately $120 million and restructuring charges of approximately $55-65 million over the next several quarters.
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