More bad news for Visual Effects Artists around the world. (and bad news for VFX vendors as well).
Keep in mind that most of the top money making movies of all time are heavy VFX movies. (Titanic, Avatar, Star Wars, Matrix, etc)
Consider joining the Visual Effects Society to help provide a more united front.
Via Twitter' from neonmarg
Visual Effects Industry gets weaker everyday
Working in China doing VFX