Announced today, 140 out of 185 employees of Free Radical Design have been laid off. This comes after losing a battle with bankruptcy.
As it stands, the employees have been paid through the end of December, but once the new year rolls around the cuts will be made official.
As it stands, the employees have been paid through the end of December, but once the new year rolls around the cuts will be made official.
Speaking to 1UP, Cameron Gunn of administrators ReSolve Partners said, "We made around 140 employees redundant yesterday, effective 31 December (the date up to which they had been paid). We're still trading on with the remaining 40 or so employees, have advertised the business for sale and have received some strong interest."Free Radical joins the ever growing list of game companies that had to lay off employees in this horrific economic environment. Aspyr, Midway, Factor 5, and Electronic Arts are other companies that have either already laid off employees or have announced that lay-offs would be coming shortly.