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Report: 38 Studios Lays Off Some Employees

by Jim Reilly on May 22, 2012 at 04:57 AM

Update: Rhode Island governor Lincoln Chafee has confirmed that the developer has laid off some of its employees. An exact number has not been given.

Given that the studio has not met its payroll, unfortunately this isn't surprising.

It'll be interesting to see if these layoffs mean that 38 Studios will default on the state's original loan stipulation that the developer had to create a minimum number of jobs in the state.

[via Joystiq]

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It was announced this afternoon that 38 Studios has paid the state of Rhode Island the $1.25 million it owed earlier this month.

Yesterday, Curt Schilling (pictured above) delivered a check, but it lacked funds to pay it. Gov. Lincoln Chafee said today the check has now cleared. It was revealed yesterday 38 Studios did not make payroll for the week. As of now, Chafee says they have still not paid their employees and estimated that it costs over $4 million a month to operate 38 Studios.

Chafee also said at the press conference the upcoming MMO, Project Copernicus, is slated for release in June 2013.

Schilling said on his Facebook page late yesterday, "To all the prayers and well wishes to the team and families at 38, God Bless and thank you! We will find a way, and the strength, to endure."

38 Studios' next payment of $2.6 million is due on November 1, 2012. The governor said he believes they'll be able to make it.

[Source: WPRI]