No, they laid off some people. not the whole team. and some of them were re-hired by RAD (who's working with Santa Monica..)
Anyway, one last thing before lock or whatever: http://www.eurogamer.net/articles/2014-06-11-its-time-for-your-latest-update-on-the-last-guardian?utm_source=eurogamer&utm_medium=in-article-promo&utm_campaign=What%27s+the+latest+from+E3+about+The+Last+Guardian%3F
As to what's actually happening with The Last Guardian, which is widely believed to have shifted platform to PlayStation 4, the situation remains much as it was at Gamescom last year. "It's the same message!" Yoshida said with a smile.
"Lots of people tweeted me they were heartbroken by that news [prior to the show]. People are going through this roller coaster of emotions, and it's our fault for not releasing the game, yet. We owe a lot to those people, but we really don't want to release piecemeal information until we can say this is The Last Guardian - so we ask you to wait."
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