Friday May 25, 2012

38 Studios Lays Off Entire Staff

Not only are tax payers still on the hook for this (original story), it seems that all three hundred and seventy full-time employees have now been laid off too. frown

"The Company is experiencing an economic downturn. To avoid further losses and possibility of retrenchment, the Company has decided that a companywide lay off is absolutely necessary. These layoffs are non-voluntary and non-disciplinary.

This is your official notice of lay off, effective today, Thursday, May 24th, 2012."