DEC
16
2008
News
Financial trouble hits Factor 5
Staff laid-off as project fails
Lair developer Factor 5 are struggling, the game maker announcing lay-offs, while employees haven't been paid for over two months, Edge reports.
According to the new report, the Californian developer has been forced to lay-off 37 members of staff on Friday - with 38 game makers remaining at the San Rafael firm.
Worryingly, staff at the firm haven't been paid since October 15th, although we hear talk of those laid-off getting back pay this week.
Apparently, the developer has been seeking fresh funding, while a project that had been underway for eight months was canned (this has been linked with defunct publisher Brash).
More on Factor 5's plight as we get it.
