Recession in CG

Yesterday I bid adieu to some of my friends who were working in Cg movie division in Pixion watching them go at this desperate hour was heart breaking. Few days back i was content that at least in this time of turmoil in Indian Cg industry Pixion hasn't faced a big burnt of lay-offs, although salary packages were slashed no one got laid off. But i guess we caught the cold too. This made me think, has the animation industry bubble burst finally. I would say yes. The whole farce facade has been stripped, previously company use to hire in hundreds now they are laying off in hundreds.. tough times ahead, having a job itself becomes a big thing at this time of hour. Well do we see an end to this massacre of lay offs right now, not until we have a super hit animated movie and producers get faith in Indian animation content working in box office. I am sincerely hoping with all the cg movies lined up in this year that few/all do us proud. I was very disappointed when Roadside romeo didn't do well as I was hoping it would have. All I can do is support the animation industry with my best contribution and hope for the best.