Gamertell

With the global economy going through hard times, most markets have been affected and unfortunately video games are not the exception. Sales are falling behind this year compared to 2008 and the holiday season is sure to bring a fierce price battle amongst the main retailers. Not even the big… Continue Reading »

Another fellow video game site has fallen prey to the fangs of this global economic, recession, er, downturn. The latest is GameCyte, a site similar to ours in that it also wrote about the wonderment of video games and gaming culture. It’s certainly sad to see another game site go.… Continue Reading »

THQ’s PR department sent an email earlier today to various media outlets regarding recent layoffs. It was a reaction to “some inaccurate reporting out there” and indicates that 236 full-time staffers will remain while 39 full-timers will be laid off and 47 temporary staffers will “not be having their service… Continue Reading »

As bad as EA thought it was, now it’s worse. The company posted a $641 million loss for the holiday quarter ending December 31, 2008, as opposed to $33 million for the same period in 2007. GameDaily reports the publisher will lay off 1,100 and close 12 facilities. In addition… Continue Reading »

When word of massive layoffs at Microsoft broke, the question of what impact the entertainment division would suffer hadn’t been answered. Now we’re learning those answers and the news isn’t good. VentureBeat confirms that Microsoft’s game studios were hit hard. The studio ACES, known for Microsoft’s long-running Flight Simulator series,… Continue Reading »

Microsoft’s decision to trim the fat from its workforce has caught the attention of key government officials;. In fact, one is openly questioning their methods and rationale for doing so. This individual is Charles Grassey, a Republican senator from Iowa. His reasons for inquiry stem from a concern that foreign… Continue Reading »

As further proof that the weakening worldwide economy is taking its toll on everyone, Microsoft announced Thursday (January 22, 2009) it is cutting 5,000 jobs. The computing giant has made limited staff cuts after purchasing other companies but these are the first actual layoffs in Microsoft’s history. The layoffs are… Continue Reading »

The daily deluge of industry woes unfortunately continues as Edge confirmed rumors that Sega of America has laid off around 30 people. A rep for the company blamed the biggest villain in the game industry right now, the flagging economy. The House of Hedgehog hasn’t said exactly how this will… Continue Reading »

FROM GADGETELL - Up to 5,000 Microsoft jobs are about to be history.  When Google and Microsoft can’t afford to keep people employed, you know the economy is in the tank. MORE »

In the wake of what Eidos considered lackluster holiday sales for Tomb Raider Underworld,  developer Crystal Dynamics laid off approximately 30 people on Friday (January 9, 2009), according to Kotaku. Ironically, Crystal Dynamics is the developer hailed for breathing life back into the Tomb Raider franchise after it had become… Continue Reading »