In spite of strong sales of Kingdoms of Amalur: The Reckoning back in February and the promise of an Mmo, the Rhode Island-based studio's fortunes have been in a precipitous decline over the last two weeks.
It all started on May 14th with state of Rhode Island calling 38 Studios out for not paying back a $75 million loan which the developer received back in 2010. This lead to swift movement that week to get the state a past due $1.125 million while forgoing payroll for the entire studio, who receives their checks on the first and fifteen of each month.
What we didn't know then was that a month earlier, Studio head Jennifer MacLean along with John Blackley and other senior staff were already out the door due to staffing reductions.
Now on the heels that the company's health insurance has run out, The Verge is reporting that the entire staff has been laid off.
It all started on May 14th with state of Rhode Island calling 38 Studios out for not paying back a $75 million loan which the developer received back in 2010. This lead to swift movement that week to get the state a past due $1.125 million while forgoing payroll for the entire studio, who receives their checks on the first and fifteen of each month.
What we didn't know then was that a month earlier, Studio head Jennifer MacLean along with John Blackley and other senior staff were already out the door due to staffing reductions.
Now on the heels that the company's health insurance has run out, The Verge is reporting that the entire staff has been laid off.
- 5/24/2012
- by Charles Webb
- MTV Multiplayer
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