HomeGamingBoth Microsoft and Sony closures imminent

Both Microsoft and Sony closures imminent

Reuters and other outlets have reported recently that both Microsoft and Sony will be closing some of their major gaming divisions in early 2009.

Up until now, no one has really been sure if the recent economic crisis would have any adverse effects on the gaming industry. Game sales held strong through late November and some were toting the industry as “recession proof”. However, in recent weeks even this juggernaut has shown signs of weakness as sales have dropped and we’ve seen the closure of many well-known development studios — Factor 5, Free Radical and Midway’s Austin Studio are just a few of the most recently announced.

Earlier this week Reuters reported that Sony was expecting to lay off over 8,000 employees and close what they called some “major divisions”. The report included Japanese factories in the list of closures.

Now The Independent is reporting that Microsoft, too, plans to cut upwards of 15,000 employees from its global work force. Microsoft has already closed its Ensemble Studios (developers of the upcoming game, Halo Wars), but that was never officially attributed to the current economic crisis. There are no indications yet as to which areas of the Microsoft community will see the worst of the cuts.

With Americans and the global community at large hunkering down and saving every penny during these trying times, it seems that even the mighty gaming industry is not immune to recession.


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Hot 4k Blu-rays!

Furiosa- A Mad Max Saga 4k Blu-ray
Godzilla | Kong Monsterverse 5-Film Collector's Edition
Dune: Part Two 4k Blu-ray
Dune 2-Movie 4k Blu-ray Collection

Fire HD10 Tablet Deal!

Amazon Fire HD Tablet Sale

OLED 4k TV Deal!

Samsung 65-inch OLED 4k TV

4k/HDR TV Deal


New Articles

Support Us!