38 Studios Reportedly Lays Off Staff, Shuts Down Big Huge Games - Is This The End? Following weeks of bad financial news at game developer 38 Studios, founded by former Red Sox pitcher Curt Schilling, it appears the fledgling studio is laying off all its employees and may be shutting down for good. 38 Studios Lays Off Staff, Shuts Down Big Huge Games - Is This The End? Following weeks of bad financial news at game developer 38 Studios, it appears the fledgling studio is laying off all its employees and may be shutting down for good. 38 Studios Employees Still Unpaid, Health Coverage Ends Thursday, Senior Executives Quit 38 Studios founder Curt Schilling departing the Rhode Island Economic Development Corporation headquarters in Providence, R.I. , Monday, May 21, 2012. (via Daylife) Things are quickly going from bad to worse as fledgling game developer, 38 Studios, the studio behind the mildly successful Kingdoms of Amalur: Reckoning, continues its painful-to-watch meltdown. We 38 Studios lays off all its employees After days of controversy and turmoil surrounding the fate of 38 Studios, all of the employees at Curt Schilling's gaming company received pink slips. 38 Studios revenue reported but to whom The next set of balance sheets and income statements from Curt Schilling's 38 Studios is due to be given to the RIEDC by the end of this month. 38 Studios may miss out on tax credits Curt Schilling hit back at Governor Chafee on Facebook as it emerged that his embattled company could be ineligible for millions in tax credits. 38 Studios: Layoffs 'absolutely necessary' The financial condition of Curt Schilling's company has been in question since ... Reports: 38 Studios Lays Off Staff Numerous reports this afternoon are saying 38 Studios has laid off its entire staff and closed developer Big Huge Games. The studio has yet to make an official comment on the matter at this time. WPRI obtained a purported internal e-mail from 38 Studios confirming the layoffs: The Company is experiencing an economic downturn. To avoid further losses and possibility of retrenchment, the Company ... 38 Studios and Big Huge Games lay off entire staffs [update] 38 Studios and Big Huge Games have both let go of their entire staffs, a source with knowledge of the situation tells Joystiq. Following reports that 38 Studios stopped paying staff on May 1 , and just an hour before a scheduled press conference in Rhode Island addressing the recent 38 Studios financial debacle, both the Providence, RI-based 38 Studios and the Baltimore, MD-based Big Huge Games ... Scenarios for 38 Studios going forward By Scott Kirsner, Globe ColumnistI've been talking to people this morning about the most likely scenarios for 38 Studios, the...
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Thursday, May 24, 2012
‘The Avengers’ Makes P281M in 5 Days Biggest Opening Ever PHL BoxOffice History! 38 Studios Employees Still Unpaid Health Coverage Ends Thursday Senior Executives Quit opts to pay loan not employees struggles remain solvent heads flee troubled company 'Kingdoms Of Amalur' Developer Faces Financial Reckoning As First MMO Trailer Is Released ExPhillie defaults on $75M state and Big Huge Games shut down Report Lays Off Entire Staff Project Copernicus is Most Likely Dead Shuts Down This The End JockSpin.com Owned by Curt Schilling dev lays off entire staff unpaid since May 1 healthcare runs out Chafee wins praise for response Amalur IP worth $20 million Analyst confirms layoffs Layoffs strike
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