September 21, 2018 Telltale has confirmed it would shut following a spherical of mass layoffs.
Telltale Games, the studio greatest identified for narrative journey titles just like the Walking Dead, will quickly shut down. Early experiences recommended that round 90% of the studio’s 250 staff have been laid off, and the corporate has now confirmed that it’s going to shut.
An official announcement says {that a} “majority” of the studio’s staff had been let go right this moment, leaving a small group of 25 to “fulfill the company’s obligations to its board and partners” forward of the shutdown.
“It’s been an incredibly difficult year for Telltale as we worked to set the company on a new course,” CEO Pete Hawley says within the assertion. “Unfortunately, we ran out of time making an attempt to get there. We launched a few of our greatest content material this yr and obtained an amazing quantity of constructive suggestions, however finally, that didn’t translate to gross sales. With a heavy coronary heart, we watch our buddies depart right this moment to unfold our model of storytelling throughout the games business.
According to journalist Jeffrey Grub on Twitter, employees at Telltale numbered round 250, which leaves 90% of the studio instantly with out jobs. A supply tells Dot Esports that the presently affected staff have been launched with out severance. The information seems to have hit the studio itself instantly, as nicely – the final phrase from the official Twitter account was solely three hours in the past as of this publish.
An nameless supply tells USGamer experiences this small crew is in place to complete the ultimate season of The Walking Dead, after which the studio will shut down altogether. This supply says that Telltale has filed for chapter, and initiatives like The Wolf Among Us 2 and Stranger Things are successfully cancelled.
— Telltale Games (@telltalegames) September 21, 2018
Telltale says official element on what’s to grow to be of forthcoming games can be issued “within the coming weeks.”
Our greatest needs are with the staff affected.
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