If you're a first-party developer reading our news articles, living in Europe, you'll be happy to know that your job is secure. Speaking to a Dutch economics program, David Reeves discussed the recession and how it may or may not affect the video game industry. While some may claim that this industry is impervious to recession, Reeves disagrees with the majority. Reeves cites that most consumers have chosen to overlook the recession in favor of their favorite holiday season.

Something that we loved hearing from Reeves is his outlook on the in-house development teams. Instead of looking at these employees as a cost, he considers the teams an investment. This undoubtedly saves many projects from being canned and gives PlayStation owners more to look forward to.

"We don't have many personnel to cut back. Half of our personnel are in the development of games. That's an investment. We're not scaling down at all."

It's always good to know that the games come before the cost. This is probably a key contributor to why Sony has some of the best rated titles on a yearly basis.

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While reeves sometimes don't know what he is talking about, it's still good to know that the man who writes their checks (well the european teams) says noone will get fired. I also like how he conciders the developers an investment instead of an expence :P