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TimeGate Studios Suffers Layoffs

by Dan Ryckert on Mar 04, 2013 at 10:07 AM

TimeGate Studios has been in the news lately thanks to their involvement with the troubled Aliens: Colonial Marines. Today, they're making headlines for more unfortunate news as the studio has performed a round of layoffs.

"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 president Adel Chaveleh said. "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."

According to Polygon, approximately 25 people are recently out of a job.