Even the video game industry is not recession-proof – at least that’s what staffers at IGN have learned today. Roy Bahat, the president of the gaming and media site, sent out an internal memo today warning employees that cuts are going to be made across all divisions. Luckily, Joystiq got their hands on a copy of the confidential email, so you can read it here.
In the memo, Bahat notes that they’ve seen a 40% increase in traffic over the last year, but apparently that doesn’t translate into a 40% increase in profits. He wrote, “We are making every effort to be compassionate and fair to the people whose roles we’ve eliminated,” and employees were directed to attend an “all-hands” meeting later in the day, where they could ask questions.
Fans have speculated that employees working for the Nintendo section of the site may have the most need to be scared for their jobs, as the Wii/DS parts of IGN bring in a much lower amount of traffic when compared to the Sony and Microsoft sections of the site.
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