on Jul 1st 2011 11:30AM
Sad news from Austin developer Red Fly Studio, which confirmed to GameSpot that it unexpectedly had to terminate approximately 30 employees on June 22. CEO Dan Borth explained, "The reduction of staff was a response to a large high-profile project that was, to our surprise, reevaluated and then canceled." Red Fly is perhaps best known for its Wii versions of licensed games that are often as well -- if not better -- received than their 360 and PS3 counterparts (as was the case with the recent Thor). Here's hoping those affected land on their feet.
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