505 Games owner lays off 30 percent of employees
The owner of publisher 505 Games, Digital Bros, has announced that it will be making redundancies at its various studios in the coming weeks. Approximately 30 percent of the larger workforce will be let go. With the cuts, Digital Bros hopes to "adapt to this new and evolving competitive scenario" in which gamers are "more selective about new games.
In future, Digital Bros intends to focus less on major projects and more on established franchises and new releases of already popular games.
Source: www.gamedeveloper.com