TimeGate Studios affected by layoffs
Numerous employees have been laid off from TimeGate Studios today. The company is perhaps best known – notoriously so – for its work on Aliens: Colonial Marines.
TimeGate president Adel Chaveleh said in a statement:
“Today, we had to make the difficult decision to let go of some great game developers. This is never easy, and we’re doing all we can to assist those developers affected. TimeGate is preparing, as is the entire industry, for the transition to next-generation consoles and new business models. As part of this reinvention, all projects and strategic initiatives continue to move forward at the studio.”
Officially, TimeGate did not confirm how many employees have been affected by the developer’s new path. However, sources allegedly say that close to 25 staffers will now need to look for new jobs after a publishing deal did not materialize.
