Sad news from Austin developer Red Fly Studio
, which confirmed to GameSpot that it unexpectedly had to terminate approximately 30 employees on June 22. CEO Dan Borth explained, "The reduction of staff was a response to a large high-profile project that was, to our surprise, reevaluated and then canceled."
Red Fly is perhaps best known for its Wii versions of licensed games that are often as well -- if not better -- received than their 360 and PS3 counterparts (as was the case with the recent Thor
). Here's hoping those affected land on their feet.