recession

  • Microsoft Flight Simulator developers hit particularly hard by job cuts

    The Microsoft-owned developers responsible for the Microsoft Flight Simulator series (and the upcoming Microsoft Train Simulator) have been hit pretty hard by all those job cuts. The worst reports suggest that everyone in connection with Flight Simulator was let go. Yikes. Read More

  • Recession strikes PC sales

    The sales of new PCs — desktops and laptops and netbooks — has been on the rise every quarter since the second half of 2001. That’s a lot of quarters of continued growth, and the last five years have seen an average increase of 15%. But as we enter 2009 things are starting to slow down. Read More

  • CES 2009 will be a dull borefest because of the recession: LA Times

    If you’re going to CES in two weeks, or are visiting sites like us here at CrunchGear to get up-to-the-minute news, know this: the show will absolutely suck. That’s what the Los Angeles Times says, at least. Read More

  • Fear Kills Businesses, Dead

    It’s official. We’re in a recession. Recessions naturally inject fear and panic, which is only heightened by every discussion of market losses, layoffs, bailouts, and somber predictions. We’re only human after all; of course everything affects us personally and emotionally. Fear is not a catalyst for productivity however. With valuable advice pouring in from concerned… Read More

  • Yikes: Circuit City files for Chapter 11 bankruptcy protection

    Adios, Circuit City. You will be remembered forever as a not-good-enough version of Best Buy (even though Best Buy is pretty suspect, too.) Yes, Circuit City has officially filed for Chapter 11 bankruptcy protection. It did so last week, when we were busy talking about store closings and fake sales. It is, I think, the biggest tech-realted failure (if that’s the right word to use) of… Read More