“My company just laid off 80 well paid people. On average 75-80k a year jobs. Some with kids, condos, even houses. Some just bought recently.”

4SlicesofCheese at vancouvercondo.info 22 Feb 2011 8:24pm, and later – “My company just laid off 80 well paid people. On average 75-80k a year jobs. Some with kids, condos, even houses. Some just bought recently.” … “Game development, Tech Sector.”

10 responses to ““My company just laid off 80 well paid people. On average 75-80k a year jobs. Some with kids, condos, even houses. Some just bought recently.”

  1. With the USDCDN currency pair trading @ 101.76 and trending up I am not surprised (even given the D.A.V.E. BC tax subsidies)… If you’re out there 4slices, I am truly sorry to hear that. I’m afraid it’s very much a case of the ‘ol ‘race to the bottom’… Here’s some background:

    D.A.V.E.

    http://tinyurl.com/ybpkqhd

    [CBC] – Video game subsidy battle heats up

    http://tinyurl.com/6a8qdzj

    Similarly, Nemesis’ former employer (in an unrelated sector/’across the Pond’) is currently enacting a 25% reduction in force (approx. 1500 jobs in absolute terms).

  2. Things are clearly on the bubble. Someone I know who had worked in the Games industry for most her life got screwed over last spring when she left one job for another and was essentially laid off before she started (no really, they sent her a letter and a cheque saying: Don’t show up).

    Then she found another job late last year and I just found out she’s out of that gig again as well.

    The Game industry in town is getting pummeled, It has migrated East, Montreal and increasingly Toronto. The same seems to be true for the film / TV making, several shows / movies have migrated to Toronto over the last few years.

    This will be very interesting.

  3. where do these people live? From which company?

    I want to buy their properties.

  4. 4SlicesofCheese

    Thanks for the concern Nemesis, I personally got spared from the layoffs, but alot of hardworking people did not. I think the others hit it on the head, with the Canadian dollar at par and the tax credits in other provinces looking more and more attractive, Vancouver film and games industry is taking a beating.
    Although high paying the industry is very unstable. I have been in a small minority who has had some job security in my career so far, but I have been a victim of corporate take over/layoffs. This is a whole other issue of politics that should be discussed elsewhere 🙂

    But I will say 3d animation schools are the new ITT Tech/ Nursing/ Sprott Shaw etc. style typed post secondary education business structures. Where the business is to pump out as many students as possible.
    There are quite alot of schools in the lower mainland that offer very short 1 or 2 year schooling for my industry, and the tuition is ridiculous. They pump out these students with promise that they can get into a shrinking job market. Where do those people go?

  5. The game development world is small, 4slices. We might know each other IRL!

  6. 4SlicesofCheese

    I wouldnt doubt it. Keep fighting the good fight!

  7. Dénouement ?….

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