Avalanche Studios lays off nearly half of staff
Swedish video game developer Avalanche Studios, which made 2006's Just Cause, has apparently decided to slash nearly half its staff after losing contracts for two new games.
According to GamesIndustry.biz, Avalanche said it will lay off 77 of its 160 employees after losing the contracts, which would have been worth as much as $34 million.
The company's CEO, Christofer Sundberg, told GamesIndustry.biz that it had lost the first contract in February, but had been able to weather that by moving staff around. But after the second contract was lost last week, it had nowhere to put … Read more