Electronic Arts announces layoffs of 350; Activision 800. The reasons given for the reorganizations are very similar, but one announcement has been treated very differently from the other.
What did EA say about its restructuring, and how did it say it?
Why is the perception of Activision's move so much worse?
And why does the launch of Apex Legends mean that we may see more statements like these in the months and years to come?
#EA #Activision #VirtualLegality
Discussed in this episode:
"Electronic Arts lays off 350 employees in the wake of disastrous earnings"
GameDailyBiz - March 26, 2019 - Amanda Farough
"UPDATING OUR ORGANIZATION AND ADDRESSING OUR CHALLENGES"
EA Blog Post - March 27, 2019
"Blizzard Hit With 209 Layoffs as Part of Activision Blizzard Restructuring"
Variety - March 8, 2019 - Brian Crecente
"Activision Blizzard, Inc. (ATVI) CEO Bobby Kotick on Q4 2018 Results - Earnings Call Transcript"
SeekingAlpha, February 12, 2019
"Truly Sad News."
Hoeg Law Tweet - March 26, 2019
"Telltale has been hit with a WARN Act class action lawsuit [Update]"
GameDailyBiz - September 25, 2018 - Mike Futter
"Death of Dreams: What Happens When Game Studios Shut Down"
Variety - November 23, 2018 - Mike Futter
PODCAST VERSIONS AVAILABLE AT
Google Play Music:
"Virtual Legality" is a continuing series discussing the law, video games, software, and everything digital, hosted by Richard Hoeg, of the Hoeg Law Business Law Firm (Hoeg Law).
Rick has practiced for more than a decade at some of the country's largest law firms, representing IT, software, video game, and other technology companies, as well as the individuals and institutions which fund them.
DISCUSSION IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT TO BE CONSTRUED AS LEGAL ADVICE. INDIVIDUALS INTERESTED IN THE LEGAL TOPICS DISCUSSED IN THIS VIDEO SHOULD CONSULT WITH THEIR OWN COUNSEL.
Any and all feedback is appreciated. Let us know what you think!
Blog, "Rules of the Game", at https://hoeglaw.wordpress.com/
On "Help Us Out Hoeg!" a regular segment on the Easy Allies Podcast (formerly GameTrailers)
Biweekly on "Inside the Huddle with Michael Spath" on WTKA 1050
The Hoeg Law Firm is a business law firm with big law experience and a small firm approach focusing on start-ups, technology, financing, and everything else a business might need.