EA bought Pandemic in 2007, in a deal worth $775M. ...Tags: Tags: electronic arts games content pandemic shutdown layof Electronics Arts is shutting down Los Angeles-based Pandemic Studios , according to an internal note leaked to gaming news site Kotaku. According to the note, Electronic Arts has laid off around 200 employees, and transitioned the rest to Electronic Arts' Los Angeles office.

in funding in 2007, from Tudor Investment Corporation and the Pilot Group, and was apparently unable to raise a second round of financing. Tags: 60frames online entertainment content hollywood studio layoff shutdow Los Angeles-based 60Frames , an online entertainment studio developing professionally produced, online content, has reportedly shut down , according to The Hollywood Reporter . 60Frames had raised $3.5M

For our Insights & Opinions section today, Cathy Ashbaugh, President of Pacific Shore Resources, a local recruiting firm, gives some well timed advice on how to handle a layoff: As millions jobs have been lost since 2007 in the US, and more are predicted this year, even as we slowly approach recovery. Chances are that someone you know--friend, relative, coworker�sadly, even you may As we enter into the second quarter of 2009 we are beginning to see small signs of hope and improvement in the economy.