Cnet.com – The video game industry is being hit hard by the economy, just like every other industry. And although I believe it’s potentially recession-proof, it won’t be easy for gaming to stay that way.
Things are looking bleak for game creators. In a statement Tuesday, Electronic Arts, the world’s largest video game developer, announced that it was forced to lay off about 1,100 employees and close 12 facilities worldwide to streamline its business operation and cut operating expenses by $500 million to prepare for uncertain economic times.
