Tuesday, November 6, 2007

Boy, that didn't take long - EA gonersville in Chicago

A year ago, Electronic Arts inaugurated a new Chicago studio at 215 W. Ohio. Mayor Daley even had nice things to say. (They had a small operation that was expanding.)

How times change. The studio is losing money, as employee count increases while revenue generated there does not. So, with no profit in sight...shut the doors. No word on how many of the ~150 people there will be offered jobs elsewhere. I don't recall there being any TIF or tax breaks for this facility, but if someone has better information please share it.