recent bomb Aliens: Colonial Marines, Polygon reports. TimeGate President Adel Chaveleh says the layoffs are spurred, in part, by the transition to next-gen consoles, and Polygon cites a publishing deal that fell through.
"Today, we had to make the difficult decision to let go of some great game developers," Chaveleh says. "This is never easy, and we're doing all we can to assist those developers affected. 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."
TimeGate is based in Houston, Texas. Since its announcement in 2006, Gearbox Software spearheaded development of Aliens: Colonial Marines, though the work was shared with TimeGate.