Update, September 21, 2018 (5:10PM EST): Numerous gaming news outlets are reporting that Telltale Games is planning to shut down entirely after the completion of the final season of The Walking Dead game series. The 25 members of remaining staff mentioned below are staying on as a skeleton crew to make sure that The Walking Dead finishes up.
Other games Telltale planned to release, including the Stranger Things series, have been canceled.
This is still a developing story and we will update it with any new information.
Original Article, September 21, 2018 (04:39PM EST): Telltale Games creates episodic adventure games based on officially-licensed entertainment properties. Some of its more popular titles center on TV shows like The Walking Dead and Game of Thrones, comic book heroes such as Batman, and even major video game franchises like Borderlands.
Today, however, The Verge reports that a huge round of Telltale Games layoffs just occurred, with all staff terminated save for 25 individuals.
Reports suggest that there was no warning for the layoffs and the employees terminated received no severance pay.
This massive purge of staff comes only a few months after troubling reports surfaced in the press about “toxic” working conditions at Telltale Games. It’s also been less than a year since there was a significant (but smaller) round of layoffs at the company, which saw 90 people — or roughly 25 percent of its workforce — given pink slips.
It is currently unclear if the 25 remaining staff members will be able to take care of the day-to-day needs of a huge gaming production studio like Telltale, or if the purge of employees will beget a new round of recruitment — or the end of the company. Currently, Telltale’s flagship game — The Walking Dead — is in the middle of its final season on PC and consoles.