Legal Niches

Realtime Worlds Cuts 60 from Staff

By james_fudge

According to multiple reports, Realtime Worlds has cut its staff by 60, the result of a new round of cost-cutting measures by the company. The company revealed last month that it planned to reduce its staff after the release of All Points Bulletin; at around the same time it revealed it was working on a second title called Project: MyWorld. But according to GamesIndustry.biz "at least two high-profile publishers have turned down the opportunity to partner with Realtime Worlds for the release of Project: MyWorld, and the lay-offs have affected development of the ambitious game."

Another report from VG247 revealed that Realtime Worlds "is looking to make more staff cuts to the current APB team." Another rumor is that the company would like to divest itself of APB altogether to its lagging subscriber base. The company has invested nearly $100 million into the game, according to some media reports.

Realtime Worlds later issued a statement confirming the layoffs and trying to explain why they had to happen: Read More

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Full post as published by GamePolitics.com on August 15, 2010 (boomark / email).