I regretfully have first-hand experience on these types of job cuts, and I can tell you it's all for the sake of the company's end-of-year spreadsheets. I worked at a TV station this time last year when the suits from the parent company that owned the station came calling. They took a look around, met with the department managers, and then next week I was being laid off along with half my department (and we were already just above a skeleton crew).
So why did they fire us around that time? Profits vs. costs, and how it looks on paper. If you tell your boss you made cuts in costs it makes you look like a smart businessman (as long as you don't go into detail how you cut costs). I got laid off so the owners of the parent company could say they cut costs and get their end-of-year bonus checks. It happened to me, and it happened to all these poor folks with EA.
And laying people off at this time of year is a supreme dick-move. With Thanksgiving coming up, closely followed by X-Mas and other winter holidays, you have little chance of finding a job before the New Year.
So why did they fire us around that time? Profits vs. costs, and how it looks on paper. If you tell your boss you made cuts in costs it makes you look like a smart businessman (as long as you don't go into detail how you cut costs). I got laid off so the owners of the parent company could say they cut costs and get their end-of-year bonus checks. It happened to me, and it happened to all these poor folks with EA.
And laying people off at this time of year is a supreme dick-move. With Thanksgiving coming up, closely followed by X-Mas and other winter holidays, you have little chance of finding a job before the New Year.