SOE Closes Three Studios and Lays Off 205 People

 Well, this just plain sucks.  There's not a good way to say it -- especially since I'm very biased, with some good friends involved -- but Sony Online Entertainment has shut down three studios, laying off 205 people!  Bugger.  I've got good friends in the SOE Denver studio, so this hits me a bit harder than this news might otherwise, but is bummer news any way you get it.  I hate to see creative teams disassembled like this.  Best of luck to all of those displaced.  I hope you all find new places to create as soon as possible.

Here's the news via Gamasutra: SOE Hit With 205 Layoffs, Three Studio Closures, "Agency" Cancelled

Incidentally, this also marks yet another blow on the console MMO front, as The Agency was looking to be a big entrant into that field.  It seems that Sony's push for MMOs on the PS3 is still struggling to gain traction... understatement, I suppose.

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A not so good in addition to

A not so good news in addition to this, Sony has publicized that the business is going to lay off 10,000 employees. See it here: 10K workers to get pink slips in Sony layoffs. The company has been hemorrhaging money for the last 4 years and is looking for a way to stem the dismal tide of losses.