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Brash Entertainment Lays Off 20, Citing Tough Economy
by Staff
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November 7, 2008
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Movie-focused game publisher Brash Entertainment (Alvin & The Chipmunks, Saw) has released a statement to Gamasutra indicating it has laid off more than 20 positions across the company, due to "the current tough economic landscape."
The publisher, which was recently in the news due to the departure of co-founder Thomas Tull and chief creative officer Larry Shapiro, put out the following official statement this afternoon:
"Citing the current tough economic landscape, Brash Entertainment has confirmed the company has instituted a strategic cost reduction plan that will see the elimination of over 20 positions across multiple departments.
"Affected by this move will also be the closing of some open positions that the company had planned to fill this fiscal year. Employees affected by this action will receive severance and extended benefits.
"Brash Entertainment will continue to strategically work on its business including the upcoming release of Six Flags Fun Park for the Wii scheduled for this December, and a video game based on the Saw movie franchise for release in 2009."
The publisher originally announced $400 million in funding in June 2007, but most of its movie-licensed released titles to date, which include Jumper: Griffin's Story and Space Chimps, have not been sales standouts.
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