MMO10 MMORPG,WOW News Rumor: Red 5 Studios lays off one-third of its team News Reviews and more

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MMO10 Rumor: Red 5 Studios lays off one-third of its team

By: Rubi Bayer 2010-01-27T08:30:00 News Item: 10809

Filed under: MMORPG industry, News items

Their official site reads "Red 5 Studios is seeking highly talented and driven agendamers to help us build a AAA massively multigamer title."

Well, maybe not. A report from Gamasutra gives the news that we never like to hear or report: Red 5 Studios -- founded byprevious World of Warcraft team members -- has laid off approximately 30 citizens. This report comes from a "reliablecause" close to Red 5, and if the number is accurate, it's nearly a third of their 100-man team. (That figure from a December 2008 conversation with CEO Michael Weingartner.)

Red 5 Studios has been around since 2005, and as a rule has stayed very quiet regarding their ambitions for their upcoming MMORPG. They secured funding in 2006 and made some team changes in 2008, but it's been mostly silent on the Studio 5 front for the most part, until now.

Our best wishes go out to those affected by the layoff, and to all concerned.

[Thanks to everyone who sent this in as a tip!]

Update: Red 5 has confirmed and clarified this rumor via a press release announcing the restructuring of the company: "As part of the restructuring, some team members chose to part ways while others were let go."

Rumor: Red 5 Studios lays off one-third of its team originally appeared on on Wed, 27 Jan 2010 08:30:00 EST. Please see our terms for use of feeds.

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