Thursday, November 29, 2007

Eidos in Montreal

Eidos officially announced they will need 350 people in Montreal by 2009. This is while their competitor, Ubisoft, mass hired a lot of people in its Montreal office which at the end resulted in a sharp salary increase for most developers. The same thing is going to happen when Eidos starts sending recruiters around. I have been studying Montreal job market for a while and apparently Montreal is running out of tech work force. Hiring a developer is going to be simply impossible. Montreal has so much opportunities now that even after Motorola's close down nobody heard of excess of work force. I have seen companies putting an ad for more than 3 weeks.

Another side of the story is that this is happening while lots of software houses are running on a low and tight budget. Guess what? Most of these companies will not be able to keep their developers by next year and they will have to close down or find other sources of financing.