Bioware has confirmed that it is laying off employees from it's Star Wars: The Old Republic development team due to lack of sales

RPG Studio Obsidian has been hit with layoffs following the cancellation of a big next-gen project.

It seems THQ really is in dire trouble - and has llaid of nearly 200 staff.

Last year saw the gaming industry hit hard by the *ack* global economic downturn, with many people losing their jobs and numerous studios closing their doors, no longer able to turn a profit. M2 Research added up the casualties, and nearly 11,500 people in the video game industry lost their jobs since late 2008. “The final count for layoffs since …

  Games for Windows Live, Microsoft’s beleaguered initiative to unify online PC gaming has been beset with problems, not least of which is negative gamer sentiment. The service has just been dealt another blow, as it appears that its general manager Chris Early was one of the casualties in Microsoft’s recent spate of layoffs. What effects this will have on …