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PC gamer, WorthPlaying EIC, globe-trotting couch potato, patriot, '80s headbanger, movie watcher, music lover, foodie and man in black -- squirrel!

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Down Economy Hits Microsoft, 15,000 LayOffs Pending

by Rainier on Dec. 31, 2008 @ 3:25 a.m. PST

The games industry has weathered the bad economy for quite a bit now, and while games are still selling well the past few months have shown that developers and publishers a like are bracing for the inevitable impact. A few weeks back Sony announced big layoffs, as did EA, various developers have merged or shut down, and now Microsoft announced that it will be laying off 17% of its workforce, a total of 15,000 employees will get the pink slip in the new year.
The games industry has weathered the bad economy for quite a bit now, and while games are still selling well the past few months have shown that developers and publishers a like are bracing for the inevitable impact. A few weeks back Sony announced big layoffs, as did EA, various developers have merged or shut down, and now Microsoft announced that it will be laying off 17% of its workforce, a total of 15,000 employees will get the pink slip in the new year.
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