Gas Powered Games Hit with Layoffs - NewsWilliam D'Angelo, posted on 21 January 2013 / 2,841 Views
Gas Powered Games has announced that it is laying off some of its employees. This announcement comes shortly after the company launched its Kickstarter to help fund its next game, Wildman. The Kickstarter project is looking to raise $1.1 million.
Chris Taylor, Gas Powered Games CEO, told Joystiq that about 40 employees have been laid off. It was a "Very tough decision, but an important one such that I could properly pay severance and remaining [paid-time off]," said Taylor.
Taylor also spoke with Gamasutra. "The studio is still operating, but we had to slim WAY down to conserve cash reserves. We spent all the last dough that we've had, and the last several months working on it. So we're betting the company on it."