Pandemic Studios Closed by EA confirmed

Kotaku have just got the skinny via an internal memo within EA that they have closed Pandemic Studios.We sort of knew it was coming with the rumours that were circulating around earlier and now it is confirmed. The studio is closed with the core IP team being moved to EA’s L.A. offices. Three of Pandemics top employees have already been let go.
Among those let go were the studio’s top three employees: Andrew Goldman, formerly the studio’s CEO; Josh Resnick, formerly the studios president; and Greg Borrud, vice president of product development
“I want to make it clear that the Pandemic brand and franchises will live on,” Nick Earl, EA Games Label Senior Vice President, wrote in the memo. “In the months ahead, we will announce plans for new games based on Pandemic franchises.
“This type of change can be difficult. But the situation calls for us to act decisively, to take control of our destiny and to run a stronger, more focused development operation. That’s how we will continue to make great games in our LA studios.”
Earl said that the move was made to “improve our cost structure, ensure quality and build schedule integrity for this studio.”