Telltale hit with massive layoffs, effectively closing down the company.

[Nautilus]

While I was never really a fan of their work, its always sad to hear a studio going under.I think that the Walking Dead success just went over their heads, and they took too many projects at once, coupled with not willing to push their games foward, got them into this situation, in which the Telltale brand was associated with mediocracy, and then resulted in low sales.At least thats how I feel about it.