Monumental closes doors in Manchester
UK-based MMO developer Monumental Games has been forced to close its Manchester studios.
The studio closure comes as Monumental missed out on a 180,000 GBP grant awarded to them in 2008 because they failed to meet the conditions of the award by not hiring enough staff within a two year time frame.
Monumental COO, Paul Mayze, told Develop: "[This was a] very difficult business decision that wasn't taken lightly."
As to the question of the 23 staff that were employed at the Salford Quays office, Mayze said: "We are looking to keep some staff, we are doing what we can, but there's a lot of factors in play."
This is the second UK studio to announce staff cuts this week after Dundee's Denki Games was forced to shed nearly 20 jobs after failing to secure a publisher for their latest title, Quarrel.
- Techland announces a Dying Light modding contest alongside new updates for the toolset
- 2K announces the Evolve Proving Grounds tournament in conjunction with ESL
- Broken Age: Part 2 arrives for backers 24 hours ahead of the full launch
- Halo Championship Series Cup 1 cancelled due to continued online problems
- Dirt Rally announced as a PC exclusive, hits Steam Early Access
- PC benchmarking app arrives for Final Fantasy XIV players to make sure they can run Heavensward
- [UPDATE] Hideo Kojima and Guillermo Del Toro collaboration Silent Hills looks like it has been canned
- Gears Of War Xbox One remaster looks like it's coming
- Batman: Arkham Knight will have GTA V-style character switching