""I feel like the industry's in a really horrible place," Brenda Romero told the site, reflecting on not just the broader scale of lay-offs and game failures of the last couple of years, but how this personally affected her own studio, Romero Games, when Xbox suddenly pulled funding from it at the same time as Microsoft let go of nearly 10,000 staff. "I mean, we were there in the '80s for the crash, and this is definitely crashier.""
"While we're certainly not seeing a 97-percent collapse, there's no question that the current doldrums in which the industry finds itself have cost far more money, jobs, studios and games than were lost in the '80s."
"There are so few people that have not been affected," says Brenda Romero of the current situation."
Brenda and John Romero, experienced figures in the gaming industry, believe the current state of the industry is worse than the 1983 crash. Brenda Romero highlighted the impact of recent layoffs and failures, including the loss of funding for her studio, Romero Games. The industry is facing significant financial challenges, with the cost of AAA game development exceeding $300 million. This situation has led to widespread job losses, affecting many individuals regardless of a game's success or failure.
Read at Kotaku
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