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

[Nautilus]

AngryLittleAlchemist said:

Nautilus said:
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.

Yeah I think Telltale became the modern franchise-game company. What I mean is that by the end of the 7th generation most people thought movie or franchise tie-ins were dead. And  they were right for the most part, but then Telltale game and messed with so many franchises. They basically became the new movie-tie-in or TV-tie-in or Game-tie-in company, and brought that kind of negative image back to life just by themselves. 

Also: "its always sad to hear a studio going under"

Remember a lot of these people could be rehired for even better work But you're right, still sad ...

Yeah, hopefully the employees are hired by other companies/developers.