Found this list of devs in the GAF thread on this, pretty startling stuff... are we in the midst of a 3rd crash?
"Another to add to the list of recent casualties with entries I think are correct from 2007 (if any are incorrect let me know)
Backbone Vancouver
BottleRocket
Castaway Entertainment
EA Chicago (EA)
Ensemble (MS)
Factor 5 US
FASA (MS)
Fizz Factor (Foundation 9 group)
Flagship Studios
FuzzyEyes - not sure on this one
Gamelab
GRiN
Humannature Studio (Nexon)
Ironlore
Kush Games (Take 2)
Locomotive Games (THQ)
Nexon Vancouver (Nexon)
PAM Development France (Take 2)
Pandemic Australia (EA)
Pandemic LA (EA)
Paradigm Entertainment (THQ)
Pivotal Games
Pseudo Interactive
Red Tibe
Sandblast Games (THQ)
Shaba Games (Activision)
Stormfront Studios
Straylight Studios
Transmission Games
Venom Games (Take 2)
Vicarious Visions California (Activision)
Auran and 3D Realms I think have all been reduced to holding companies with just a skeleton crew and sales staff.
Publisher closures include Brash, Empire, Red Mile Entertainment, and Midway (the latter closed Aces Game Studio, Blacksite Studio and Midway Austin in late 2008 through early 2009)."