Gigantic has been looking gorgeous, but that hasn’t translated into financial security for its developer Motiga. The company announced this morning a temporary round of redundancies, going as far to label them as “significant”.
In a post this morning on their website, Gigantic said their financials were so troubled that they had to temporarily layoff “a singificant percentage of our studio today”. “Our financial situation is such that we are unable to continue supporting the entirety of the studio at this time,” Chris Chung, Motiga CEO and co-founder, wrote.
“While we intend to continue supporting Gigantic game services for as long as we are able, the reality is that a decision of this magnitude will impact all departments across the studio, an impact that will be felt by our community of beta testers as the services they depend on will operate without the key staff on hand to support those services.”
Motiga is continuing to negotiate with potential investors “to identify ways to remedy this situation” but the company wasn’t able to provide any specifics as to what might happen going forward. Chung also wanted to thank everyone who has been enjoying Gigantic, which is currently in a closed beta phase.