Frontier Developments has announced that last week it laid off 14 of its 233 staff, with cuts affecting employees involved in the disciplines of art, animation, and audio.
Speaking to Eurogamer, Managing Director David Walsh said that the lay-offs had taken place due to “the changing mix of skills requirements for our current and future projects – it is not a reflection on the company’s prospects, which remain healthy”.
He added: “We are actively recruiting to shift the balance of skills we have within the company to enable us to deliver the set of projects currently in development.”
One of these current projects is Elite: Dangerous, a proposed new entry in the space trading Elite series, which started life in 1984 with the original Elite. A Kickstarter campaign to fund the game is currently being run by the developer, who is asking for a minimum of £1.25 million to create the game.
The campaign has yet to meet its goal, although it still has 18 days to do so. It’s unclear as of yet how the news of these lay-offs at Frontier will affect its Kickstarter campaign, if at all. The good news is that if you identify the threat of insolvency in good time, there are steps you can take to prevent it. With the right approach and help from an expert insolvency practitioner, you can even lift your business out of insolvency.
[Via: Joystiq]