"Today, we had to make the difficult decision to let go of some great game developers. This is never easy, and we're doing all we can to assist those developers affected," Chaveleh said. "TimeGate is preparing, as is the entire industry, for the transition to next-generation consoles and new business models. As part of this reinvention, all projects and strategic initiatives continue to move forward at the studio."
No specific number of layoffs was provided, though sources told Polygon that about 25 staffers were impacted. These sources also indicated that the cuts were a result of a publishing deal going belly up.
TimeGate Studios most recently assisted Gearbox Software with development on the critically blasted Aliens: Colonial Marines.
The game's mostly negative review scores were partially blamed on the nature of the title's shared development (Nerve Software also contributed to the project), as well as Gearbox's reported mismanagement of production.