Xbox Japan Ad Features Economic Recession Song
The recession. The title of the tune is Fukeiki nante buttobase! — which means something like "What a recession we're…
Tetris Lessons Available, 2 Hours for $40
Shawn Elliott (2K Boston) tweeted this this past week. Some wit up in Vancouver is offering Tetris lessons "at…
Games Funding Has Dried Up
In these tough times, cash money reserves have dried up. It's the same the world over, and the games industry is no…
Sacred 2: Fallen Angel Dev Falls Into Bankruptcy
Developer Ascaron Entertainment has filed for bankruptcy protection in its home country, Germany.
NPD: Recession? What Recession?
Market researchers The NPD Group - yes, the sales charts guys - have found that when it comes to games, most Americans…
OK, THIS Is A Racing Rig
Earlier in the week, we posted a rather nice-looking racing rig. Thought it was pretty swish. All that did, though, was…
Blockbuster May Be Going Bust
The folks at Blockbuster would really appreciate it if you'd pay your overdue late fees, renters. The company has…
Sony Cutting New Recruits By Nearly Half
Times are hard. In an effort to cut costs, Sony is going to reduce its number of new recruits — by a lot.
Pro Gamers Are Out Of A Job Too
The business of being really, really good at playing video games is hurting. Professional gaming leagues are shutting…
THQ Successfully Trims $220 Million In People, Costs
Publisher THQ announced today that its plans to eliminate $220 million in spending has been a great success, thanks to…
Alienware Laying Off Employees
Times, they are tough. And Dell, owners of PC gaming enthusiast brand Alienware, are no exception, with tech site…
Marvelous Entertainment Asks 17 Percent Of Workforce To Quit
Japanese anime, music and game company Marvelous Entertainment has asking for a number of its employees to retire. The…
Sony Freezing, Cutting Employee Wages
Sony have, for the first time in company history, "mothballed" employee wages and bonuses in an attempt to stem the comp…
Game Studio Survives Economic Downturn By Being, Well, Tight
You wake up, you make a cup of joe, you read about a game studio laying people off. It's an almost daily occurrence.…
EA Calls Gaming Recessing A "Blessing"
Like many companies, Electronic Arts is having a rough time. Earlier this month, EA exec John Riccitiello called the…
Hollywood Killed the Video Game
A Slate.com article blames something other than the economy for video game industry layoffs and studio closings. Now tha…
Crap Economy Will Affect Microsoft
Times are hard. For you, for me and especially major international corporations like Xbox 360 maker Microsoft.
THQ Loses Millions, Will Fire Hundreds
Publisher THQ was hit hard during its third quarter, losing $191.8 million over the holidays. That loss, previously…
Escapism In The Time Of Layoffs
The Wall Street Journal has a nice little article up about laid off employees getting into games and social media…
EA Loses $641M Over Holiday Quarter, Increases Layoffs, Closures
Electronic Arts announced today that its quarter ending December 31 saw a massive loss, totaling $641 million. EA John…