In case you have not read/heard but Vancouver based video game company Propaganda Games is closing it's doors today. Having recently shipped TRON: Evolution and the previous release of Turok the studio was hoping to being work on a new project under the Disney Interactive Media Group umbrella.
Having worked at Propaganda a an office temp since September of 2010 I got to know many of the staff members who worked on TRON: Evo as well as the recently cancelled Pirated of the Carribean: Armada of the Damned.I knew of the ups and downs involved with the video game indusrty, but seeing it first hand really makes you wonder how such a successfull industry can survive with the "hire them, work them tot he bone, lay them off before thier contracts are over" business model.
That being said, luckily many of the Propaganda employees who were "laid off" last time were able to find work at other studios in Vancouver. I know that the talented group of designers, producers, engineers, directors, Q/A members and even the IT team will be able to find work quickly.