Silicon Knights has confirmed the layoffs that were reported earlier this week, though the company has reduced the lost headcount from a rumored 72 employees to 45. Company CFO Mike Mays told the Financial Post this morning that “just under 40” people are still currently employed by the studio, and that the sudden layoffs were the result of a canned project the studio was working on for X-Men Destiny publisher Activision.
“We just finished a project with [Activision] that got canceled,” Mays said. Apparently, the project was already “in the works for months” when Activision pulled out, but Mays said it directly caused the layoffs. “That resulted in us having too many people so we had to do a layoff,” he explained. Mays also noted that SK is in the process of negotiating new projects, and that if things work out, he’s hoping to rehire as many people as possible. Might we suggest not pitching Activision?
Silicon Knights confirms layoffs of 45 employees, cites canned Activision project as the culprit originally appeared on Joystiq on Tue, 01 Nov 2011 15:46:00 EST. Please see our terms for use of feeds.
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