Developer Motiga announced today layoffs," of a "significant percentage" of the studio, resulting in the development of the company's upcoming MOBA, Gigantic, being halted.
In the post, Motiga indicates that they are still looking for investors to help the development continue, but do not have the cash flow to pay employees to continue working until that time comes. "Though we are in active and promising discussions with a number of potential investors, the timing for those negotiations extends beyond the resources we have to maintain the staffing required to continue development on Gigantic," the company said.
Not only does the studio wish to continue the development, but also continue to rehire all the employees who were laid off. Motiga stated that
"Our goal at this time is to work aggressively to identify the resources we need to rehire the members of the Motiga family that were laid off today, securing our financial future so that the Gigantic community can continue to work with us to develop this title, and ultimately bring the complete Gigantic experience to the marketplace."
We hope all works out for Motiga and the studio's employees who lost their jobs today. Best of luck. Hopefully they can get this sorted out because Gigantic did seem like a fun game when we saw it a year ago at PAX East.