Schilling’s Company Lays Off Entire Staff
By ERIKA NIEDOWSKI, Associated Press
PROVIDENCE, R.I. (AP) _ Curt Schilling’s faltering video game company has laid off its entire staff.
A source at 38 Studios told The Associated Press that employees were notified of the layoffs Thursday.
38 Studios moved from Massachusetts in 2010 after Rhode Island offered a $75 million loan guarantee that officials said would bring jobs and tax revenue. The company was late this month on a $1.1 million payment to the EDC.
Rhode Island Gov. Lincoln Chafee was set to brief reporters on his efforts to help the company Thursday evening. The
state could be responsible for paying some of 38 Studios’ debts, should it collapse.
Calls left with Schilling were not immediately returned Thursday.
(Copyright 2012 by The Associated Press. All Rights Reserved.)