Rumor: Heavy layoffs at Heavy Iron Studios

Heavy Iron Studios will allegedly let go of 60-70 of its over 100 employees. Kotaku was informed by sources that the layoffs will occur at the former THQ subsidiary this week. The company previously handled much of THQ's movie tie-in titles.

Attempts to confirm the layoffs with the studio have been met by ominous e-mail bounce-backs -- not to mention, our complete inability to navigate the company's labyrinthine phone system.

This article was originally published on Joystiq.