| Farsala said: It seems Japan is faring best, so that begs the question why is it so prevalent in certain countries like UK and UsA. |
Japan has laws against laying off people just because your company didn't make as much profit as you wanted to.
What this mainly looks like to me is shareholders not seeing the growth they expected, and regretting the investments they made in anticipation of that growth, such as hiring more people.
Maybe some companies actually went negative, but we're seeing several reporting net earnings.
I also think some are piggy backing off this trend and taking the opportunity to lay off people admidst all the others, since they won't get any particular negative publicity for being part of the norm.
So tl;dr,
- The games industry didn't grow much lately. (Part of which can be atrributed to over ambitious development costs.)
- Shareholders sacrificing employees to maximize profits.
