Welcome to the Industry Gamers beta!

IndustryGamers - Your Games Are Our Business

 

James Brightman, Editor-in-Chief & Co-Founder

David Radd, Senior Editor

 

Have news tips, comments or questions? E-mail us.

Follow our Twitter | Grab Our RSS Feed | Advertise

Krome Loses Some Shine with Layoffs

While layoffs in the U.S. gaming industry are receiving a lot of online media coverage, the economic downturn is worldwide and is felt by developers in all corners of the globe; case in point, Australian developer Krome Studios released a statement saying that “an undisclosed number of employees” are being let go in each of the developer’s three studios as part of “the process of restructuring.”

"With declining game sales the industry is really feeling the effects of the struggling economy. In spite of industry wide cutbacks and Krome’s need to reduce costs, we’ve worked really hard to minimize the impact on our staff,” said Krome CEO Robert Walsh. “These cuts, while incredibly difficult as they affect the co-workers we consider friends, are necessary as we position Krome for the future. We’re also actively pursuing several business opportunities which, if secured, will enable Krome to reemploy some of the staff given notice."

Established over a decade ago, Krome has developed titles like Ty the Tasmanian Tiger, Viva Pinata: Party Animals and The Legend of Spyro: A New Beginning. The independent studio recently finished up development of Star Wars: The Clone Wars - Republic Heroes.

 

Post a Comment

Login With IndustryGamers

Create an account, it literally takes like 5 seconds and you'll never have to do it again.

Login With Facebook

Have a Facebook account? Just hit the button and you can comment on our site!

Connect




Signup For Our Newsletter

Sign up for our FREE morning newsletter outlining the day's top stories, and the[a]listdaily for game marketing news.

Advertise on IndustryGamers

Want to advertise with us? Download our Media Kit for more information.