Silicon Knights Confirms Layoffs

Ontario-based, Silicon Knights has laid off 45 employees, leaving around 40 employees left at the studio, according to multiple published reports. Earlier reports had the number a bit higher. The company is best known for developing such titles as Blood Omen, Too Human and Metal Gear Solid: Twin Snakes, and is one of Ontario’s oldest development studios. The layoffs are apparently related to the completion of a project for Activision Blizzard.

Mike Mays, chief financial officer of Silicon Knights, confirmed the layoffs to the Financial Post on Tuesday, saying that the company laid off 45 employees — just under half its workforce — leaving an employee base of “just under 40.”

“We just finished a project with [Activision Blizzard Inc.] that got completed,” he explained.

Silicon Knights is currently negotiating contracts for new projects, according to Mays, though he didn't provide details on what those new projects might be. If the talks are successful, Mays said the company plans to rehire its former employees.

"So hopefully this layoff will be short term," he added.

Source: Financial Post

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