I say leave him there. The longer he makes the company fist itself, the better everyone else will be.
Go look at their financial statements. They have been loosing hundreds of millions of dollars a year(some times over a billion a year), this year was the first time in quite a few years that they actually made money($18 million before taxes, $76 million after taxes) and to do that they had to take out $539 million in debt. So essentially no they are not making money and they haven't been for quite some time.Falterfire said:They ARE still making all of the money, right? I mean, I'm not an expert at economics, but does it really matter what your stock prices look like if you still make money hand over fist?
Also: I don't think anybody NOT being fired really qualifies as news.
When you mean "fist" did you mean thisCardinalPiggles said:I say leave him there. The longer he makes the company fist itself, the better everyone else will be.
Whoa, whoa, wait, what? He's been their CEO since 2007 and the stock has dropped by roughly $50? How the hell does he still have his job?Andy Chalk said:given the state of EA's stock, which during Riccitiello's tenure has tumbled from over $60 to its current price of $11.23
I agree. If you take him out of being the CEO he'll go on to ruining some other company. Better to take one for the team and keep him on until the company crashes and burns.RC1138 said:Leave him as CEO. I see nothing wrong with that. He clearly has a subconscious urge to make people dislike EA as much as possible and anything, or anyone, that furthers that is doing their job as far as I'm concerned.
here's hoping that this is what they do mean...NinjaDeathSlap said:Business speak: "We have full confidence..."
People speak: "We give him another two weeks..."
Economic law says this guy should have been fired years ago.itsthesheppy said:This must be why I'm not a CEO. I just don't get economics.
Capitalism works, to a surprising degree. What doesn't work is Governments interpritism of Capitalism, combined with democracy.90sgamer said:I say, "stay the course EA, stay the course." I want to see capitalism work for once.![]()
Stupid Management is Stupid.cpt blackamar said:I am amazed this man still has his job. But then, I'm amazed EA still does the shit it does, so I guess the two balance out?
Who would've guessed that people would still be holding up that half assed insult as legitimate after all this time? Oh wait, Escapist, forgot for a second.itsthesheppy said:Who would have guessed that being voted the worst company in America would be bad for your stock prices?
I almost agree. Having a titan such as EA sink might shake up the industry.RC1138 said:Leave him as CEO. I see nothing wrong with that. He clearly has a subconscious urge to make people dislike EA as much as possible and anything, or anyone, that furthers that is doing their job as far as I'm concerned.
Clearly you'd be a horrible CEO for a gaming company. Innovation? Creativity? LISTENING TO GAMERS!? Just... Indescribably ignorant ideas.itsthesheppy said:Who would have guessed that being voted the worst company in America would be bad for your stock prices?
In addition to that, whoever thought that buying up studios and destroying them, pumping out bland samey games, looking for spectacle over quality, and completely losing touch with the player base would be bad for business?
This must be why I'm not a CEO. I just don't get economics.
or blame vavle for selling games their games cheap.idarkphoenixi said:Who else expects EA to release a statement saying that the cause of their gargantuan stock crash was due to a "small but vocal minority" of complainers and that EA is running perfectly fine?