PopCap shuts down two studios, lays off 50 in Seattle
PopCap, the social gaming studio behind hints like Bejeweled and Plants vs Zombies, has laid off dozens of employees from its Seattle headquarters. In addition, two international studios in Dublin and Shanghai have been shuttered.
Update: PopCap co-founder John Vechey confirms the layoffs, offers comment.
PopCap, the social gaming studio behind hints like Bejeweled and Plants vs Zombies, has laid off dozens of employees from its Seattle headquarters. In addition, two international studios in Dublin and Shanghai have been shuttered.
PopCap's head of social media Jeff Green confirmed the layoffs in a tweet, asking the gaming community to "hire my PopCap friends!" Other employees have already begun using social media to search for new jobs.
3D Realms founder George Broussard has been providing regular updates about the situation at PopCap, confirming the extent of the worldwide layoffs. An earlier report from VG247 suggested that the developer has been "very quietly" laying off staff for "several months," culminating in today's unfortunate turn of events.
Recently, the studio had announced a sequel to its popular tower-defense game, Plants vs Zombies. Broussard suggests that it's an example of "good news before bad news." The company was acquired by gaming giant Electronic Arts last year for over $700 million.
PopCap co-founder John Vechey says that the EA acquisition has nothing to do with today's layoffs. "The founders, CEO, and executives who were in charge of PopCap still are. The decision to reorganize was 100 percent made by us, with no pressure from EA," he said on the PopCap blog. Adding, "if we didn't have EA behind us, the cuts would have been worse."
"We've hired aggressively this past year and PopCap is still growing. Even with the cuts we expect to end the year with roughly the same number of people we started with."
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Andrew Yoon posted a new article, PopCap shuts down two studios, lays off 50 in Seattle.
PopCap, the social gaming studio behind hints like Bejeweled and Plants vs Zombies, has laid off dozens of employees from its Seattle headquarters. In addition, two international studios in Dublin and Shanghai have been shuttered.-
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Shame on EA and PopCap execs and investors. PopCap was profitable before EA. Steady growth and sales. The EA waived a billion dollars in front of them and they bit. EA way over paid for the casual game company. Not sure in what universe they thought they were going to make $1 Billion back on the deal over games that sell for $1 or $2. At least not so soon.
Now it looks like the social & casual games market was overvalued all around given this turn of events and the problems at Zynga. Big freaking shock!
But the PopCap investors and execs probably made out like bandits in this deal. I'm sure they all deep down knew PopCap wasn't worth 1 Billion. That EA wouldn't be able to sustain the head count at PopCap with that buyout price hanging over their heads. And now we know the end result. EA announces a new PvZ game and then layoffs. Now the hard working people who built PopCap up over the last decade are the ones paying the ultimate price.
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Don't you mean this amazing movie.
http://en.wikipedia.org/wiki/Ballistic:_Ecks_vs._Sever-
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Best thing to come out of that link:
http://en.wikipedia.org/wiki/List_of_films_considered_the_worst
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He's had a hell of a ride:
- After CGW / Games for Windows magazine closed down, Jeff Green went to EA in September 2008, and then became the EIC of the EA.com blog...
- Then, in August 2010, he left EA, with a blog post ( http://jeff-greenspeak.blogspot.com/2010/08/where-im-at.html ), and an awesome guest appearance on the 8-17-2010 Bombcast...
- Then, in December 2010, he became head of social media at PopCap...
- ...which got acquired by EA in July 2011.
I hope he's doing okay sanity-wise through all these crazy transitions.
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