“Junk is hard to compete with,” Riccitiello told the LA DICE Summit audience, Gamasutra reports. “We did get fat in too many places. It seemed like anyone who could draw a guy with a gun with a crayon could get funded. At least for EA, we got a little too fat, and a little too reliant on where things were.
“I’m not pro-recession, but to quote Rahm Emanuel – never waste a crisis.”
EA announced earlier this month that it is stepping up its job cutting measures as part of its ongoing cost cutting drive.