It's been an awful couple of years to work in the games industry. More and more, developers are living at the point of a knife, as studios big and small make cut after cut after cut with the usual blather about streamlining and resets and delivering value for shareholders. At the beginning of this year, 16,000 devs had lost their jobs, and that number has only climbed as companies like Bungie, Rocksteady, and countless others have laid off hundreds of staff.
Still, not to worry, because all those now-jobless devs can just "find a cheap place to live and go to the beach for a year". That's according to former Sony Computer Entertainment Europe president Chris Deering, who's just guested on an episode of the My Perfect Console podcast. Asked about his take on the seemingly dire state of the games industry, Deering answered that "It's painful. I don't think it's greed. I think it's just an over-exuberance that was kindled and fueled by the knock-on effect of the pandemic and the supply chain restrictions that followed."
