Patreon button  Steam curated reviews  Facebook button  Twitter button 
3DS | AND | IOS | PC | PS4 | NS | VITA | WIIU | XB1 | All

Systems > Xbox 360 > K > Kingdoms of Amalur: Reckoning > News Article

Sign up for a free user account and you can leave feedback for this content or even submit a review of the game!

Kingdoms of Amalur: Reckoning devs lay off whole staffs

Kingdoms of Amalur: Reckoning developer 38 Studios, founded by Major League Baseball legend Curt Schilling, let go of its entire staff today, as did Amalur's initial developer, Big Huge Games, according to several reports.

The studios employed 379 full time workers altogether.

"The Company is experiencing an economic downturn. To avoid further losses and possibility of retrenchment, the Company has decided that a companywide lay off is absolutely necessary," stated an internal memorandum addressed to all 38 Studios employees, obtained by Rhode Island's WPRI. "These layoffs are non-voluntary and non-disciplinary. This is your official notice of lay off, effective today, Thursday, May 24th, 2012."

The studios' obliteration comes less than four months after they shipped their first title, Amalur, which critics seemed to have liked. Apparently, it didn't matter.

The Rhode Island-based 38 Studios, which acquired the Baltimore-based Big Huge Games in 2009, defaulted on a $1.1 million loan payment to the Rhode Island state government on May 1 -- the same day it stopped paying its staff. The company was on the hook for about $50 million of a $75 million loan, money that will have to be paid back -- plus more -- by Rhode Island tax payers between 2013 and 2020 if 38 Studios ends up being unable to pay.

Their Amalur IP, which was valued at about $20 million by an industry analyst, would become the property of Rhode Island if that ends up being the case.

Our hearts go out to all the folks who lost their jobs today at 38 Studios and Big Huge Games. May you find new homes quickly.

Reported by Jonathan Davila



If you enjoyed this Kingdoms of Amalur: Reckoning article, you're encouraged to leave feedback and talk about it with members of the site's community. You don't even need an HonestGamers account to get involved in the discussion. Please remember to keep your comments respectful and on-topic or they may be deleted by a moderator. Thank you for your understanding!

comments powered by Disqus

Policies/Ethics | Contact | Advertise | Sponsor Guide | Links

eXTReMe Tracker
© 1998-2018 HonestGamers
None of the material contained within this site may be reproduced in any conceivable fashion without permission from the author(s) of said material. This site is not sponsored or endorsed by Nintendo, Sega, Sony, Microsoft, or any other such party. Kingdoms of Amalur: Reckoning is a registered trademark of its copyright holder. This site makes no claim to Kingdoms of Amalur: Reckoning, its characters, screenshots, artwork, music, or any intellectual property contained within. Opinions expressed on this site do not necessarily represent the opinion of site staff or sponsors. Staff and freelance reviews are typically written based on time spent with a retail review copy or review key for the game that is provided by its publisher.