FirefallLogo 18 Sep

In a statement from Red 5 founder Mark Kern, ten percent of its team has been laid off as part of a company-wide “reorganisation”. The majority of redundancies took place at the studio’s internet video channel, Stage 5 TV.

“Red 5 Studios announced today that the studio is being reorganised prior to the launch of Firefall,” the press release reads, in part. “As Firefall matures, we must transition our priorities and our development strategy to focus on streamlined operations and live product support. As part of the reorganisation, Red 5 Studios confirms that it has released about 10 per cent of its staff, the majority from Red 5’s video internet entertainment channel, Stage 5 TV.”

Kern also noted that the restructuring will not impact the company’s MMO Firefall.

“Development of Firefall is unaffected by the reorganization and Open Beta Stage 2 is well underway with a major patch scheduled for later this month,” Kern said, in part.

(via CVG)