Ouch

It looks like the 'recession' is finally hitting the electronic world pretty hard. Namely, Sony.

It's disappointing because I thought Sony of all companies would stand fast against the crash. They're into so much that they seemed pretty safe. The biggest drop came out of their entertainment division. Eighteen percent down.

Damn Depress..uh..Recession.

A dark day for Duke...

So here's some bad news- it looks like 3D Realms, creators of Duke Nukem and many more, are shuttering their doors. /taps

The studio has simply run out of money and can no longer function as a standalone. It's unclear what's happening with Duke Forever(although it probably wasn't going to come out anyway) and the Prey franchise. The latter of which was due several sequels as well as an iPhone game.

Come to think of it, the iPhone game was due in February. So that was probably the first sign of impending doom. (Doom is still iPhone bound thankfully)

What will not be affected is the planned (and actually being developed)Duke Nukem Trilogy. DNT is a three game set of third-person action games coming soon. (we hope)

Wednesday Job Loss Report

This is something new that I'll be doing every week (well, every Wednesday). I'll give you a rundown of some of the more significant job cuts of the past week from all the big tech companies.

You know, in a effort to make you all feel better that you still have jobs. Unless you're in the tech industry. In that case, hang on to your underpants-

• Ericsson (of Sony/Ericsson fame) will be dropping 5000+ jobs any day now. Engadget is reporting that they are blaming Sony for not supporting the brand. It's not like Sony has other problems. Nothing like-
  
• Sony still has the specter of that threatened 16,000 employee cut hovering over it. Some have already been eliminated from the payroll but how many more will follow?
• Intel will be closing down one of its plants in the Philippines. This is one to watch. A big chip maker like Intel closing down assembly plants might speak volumes about the industry as a whole if it continues.
  
• Sega has sliced thirty from its roster. I have no idea what percentage that is but it is sizable. They haven't had a big hit in a while- even Valkyria Chronicles which was a big release, and critical favorite, wasn't a big seller.
  

EDIT: This is gonna be the first and last post of losses. Forget the updates- too damn depressing.