The makers of Tron: Evolution and Turok are no more. Disney confirmed the (not too surprising) closure of Vancouver-based dev Propaganda Games today, saying "The studio has completed all work associated with its most recent project."
Bizarre Creations isn't the only video game developer dealing with hard times right now. Two more developers appear to have been affected by holiday layoffs, including Star Wars game dev LucasArts and Guitar Hero studio Budcat Creations.
The holiday hits keep coming. IO Interactive, the Danish studio behind Hitman and Kane & Lynch, let go about 30 employees this week, according to sources close to the studio.
EA has issued its latest round off layoffs today, describing them as "season roll-offs," which sounds much more pleasant. According to sources claiming knowledge of the situation, EA Canada, developer of Skate and NBA Elite, bore the brunt of those cuts.
"n-Space is down, but definitely not out," says the studio's CEO, Dan O'Leary, addressing rumors that the developer of Call of Duty: Black Ops' DS version has closed its doors.
n-Space, the Orlando based studio behind GameCube title Geist and the Nintendo DS versions of numerous Call of Duty and James Bond games, is reported to have closed its doors earlier today.
After cutting 60 jobs last week, U.K.-based studio Realtime Worlds, the maker of the cops-and-robbers MMO APB, entered administration today, a process somewhat analagous to Chapter 11 bankruptcy reorganization in the United States.
Visual Concepts, the 2K Sports in-house studio handling NBA 2K, NHL 2K and MLB 2K, cut roughly 30 positions, Take-Two Interactive confirmed today. Very few jobs, if any, came from the studio's upcoming NBA 2K11, its biggest moneymaker.
n-Space, the video game studio responsible for creating some of the smaller versions of the industry's biggest games, confirmed to Kotaku that it had laid off 25% of its approximately 100 employees, citing a "momentary reduced demand."
The maker of massively multiplayer online games Star Wars Galaxies and Everquest is making cuts this week, eliminating "just over 4% of its full-time workforce," Sony Online Entertainment reps tell Kotaku.
Red Dead Redemption is a commercial and critical success, moving more than 1.5 million copies in its first month while wrangling rock-solid reviews. Despite that, Rockstar has axed about 40 employees from the San Diego studio, according to sources close to the developer.
