I don't think it has anything to do with 'where the industry is headed' or any of that nonsense. Businesses close, and businesses open. Yeah, layoffs suck.. But for every studio that shuts down, there are 100 more that are working just fine.
The worst thing was the employees knew like 3 weeks before; we've been interviewing a ton of people from there ever since, so yay for us; but sad that 100(I heard 160) are now out on the street. A few months ago Radical seemed like on the up swing, they had 4 projects going and we're hiring like nuts so it seemed like…
whoa, i just applied to Massive - the Swedish company, does this spell an era of no go with regards to the games industry?. Is this the credit crunch syndrome or coincedence?
That really sucks. always sad to hear about layoffs. Activision has been pretty awesome to Raven, can't complain. I guess these layoffs were just merger fatalities. Ultimately I'd imagine it's best for their business plan.