(2013-02-15) Valve Lays Off Bunch

Valve Software Laid Off a bunch of people.

July'2013 update: Jeri Ellsworth, one of the people laid off, says I found out the hard way is that there is actually a hidden layer of powerful management structure in the company, and it felt a lot like high school. There are popular kids that have acquired power... They have a bonus structure in there where you can get bonuses - if you work on very prestigious projects - that are more than what you earn. So everyone is trying to work on projects that are really visible. 'Look at me, I am making all these great improvements to the latest and greatest video game. "And it's impossible to pull those people away for something risky like augmented reality because they only want to work on the sure thing. We were starved for resources.

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