10% job cuts last month, nearly 900

Yi chief Financial officer confirmed that nearly 900 employees had been cut last month (Tencent Science and Technology map) Tencent Science and Technology (Lin Jingdong) Beijing time May 10 News, according to foreign media reports, electronic game giant Art Electronics chief Financial officer and Vice President Breckjorgensen (Blake Jorgensen The company's latest earnings call, it confirmed that nearly 900 employees were cut off last month. "According to the company's cost-cutting plan, the total number of employees will be reduced by about 10% per cent," Jorgensen said. He then explained that the company's restructuring plan and the resignation of chief executive Johan Richiello John Riccitello added to the company's extra spending of $15 million trillion more than originally estimated. Jorgensen also said that the company is trying to achieve the 20% operating profit rate, which is one of the important reasons for the layoffs. He did not say which departments were most affected by the layoffs, nor did it confirm the rumors that the company's EA Partners, which is responsible for the release of third party popular games, would be closed. Frank Gibeau, Frank Kibuyu's president, also briefly spoke on a conference call about the failed analog City (SimCity), which caused millions of of players to play new games because of a network failure. The game's developer, Wheelwright, might think such a bad release would be "unforgivable," but Kibuyu insists the company has learned the lesson that it will not happen again.