Rumor: Red 5 Studios Goes Down, Hit By Layoffs

Red 5 Studios may never complete its unannounced MMO. The Irvine, California based developer founded by ex-Blizzard staffers, has been hit by substantial layoffs, sources tell Kotaku, leaving it with a "skeleton crew" and an abandoned massively multiplayer online shooter. » 1/26/10 6:40pm 1/26/10 6:40pm