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.