38 Studios' Future Looks Bleak, Two Top Executives Leave Company
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38 Studios employees have not been paid since May 1 and their health care will end Thursday at midnight, a source with knowledge of the situation tells Joystiq. Employees are normally paid on the first and 15th of each month.Even if they somehow secure some new financing, it's going to be very difficult to keep Project Copernicus moving along if they lose some of the project's top talent.
When asked if the studio would be shutting down this week, the source could only say, "Unknown at this time. Outlook is not good."
