Electronic Arts today announced their latest quartely results, and once again the numbers are impressive with a 48% revenue increase and $250 million in net profits. Not all is well for the employees of EA though, as the company will consolidate studios in Los Angeles, Las Vegas and Irvine - in order to create one big studio in Los Angeles. According to this story, about 50 jobs will be lost. Las Vegas is the location of Westwood Studios, and it means this company will shut down. Same goes for EA Pacific (recently finished C&C Generals) which is in Irvine. Thanks HomeLAN Fed. Update: HomeLAN Fed has has a further update on the news. Most of the C&C Generals team (EA Pacific) will move to the new LA studio, and new C&C games are planned. For those of you worried about Earth & Beyond, the servers and support will be moved to the EA Redwood Shores studios which also houses the Motor City Online servers.