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 May 24, 2012 - 06:35 PM - by Michael
* 38 Studios - Faceplant

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PC Games/Hardware/Microsoft
38 Studios has laid off everyone.

Word is this also may affect Big Huge Games, who were responsible for making Kingdoms of Amalur.

The news came as a surprise to nearly everyone involved, including the state of Rhode Island and Governor Lincoln Chafee who during an afternoon press conference said that as of this morning they hadn't heard a word about possible layoffs or a closure.

During the evening press conference Chafee attributed the sudden studio closure and financial plummet to their fist game, Age of Amalur: Reckoning, which he said "failed."

"The game failed," he said. "The game failed. That was integral to the success of the company."

He told reporters that experts told them it would have had to sell 3 million copies to break even. Schilling has said that the game sold about 1.2 million copies in its first 90 days.
3 million copies just to break even? Ouch... this may be the latest sign of a major problem in the games industry.
 

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