Radical Entertainment lays off 90+ employees

According to gaming industry blog Kotaku, Vancouver’s Radical Entertainment was hit with substantial layoffs today yesterday with approximately 90-plus employees being let go. Parent company Activision provided the following statement.

“Activision Publishing continually evaluates its resources to ensure that they are properly matched against its product slate and strategic goals. In 2010, the company’s sku count will be smaller than in 2009 driven in part, by a decrease in the number of music-based games we will be releasing.”

“As we discussed on our earnings conference call yesterday, we are directing our resources against the largest and most profitable business segments, and as part of this initiative, we are realigning our resources to better reflect our slate and the market opportunities. At the same time, we are increasing our digital/online capabilities as we expect that digital/online will continue to become a more meaningful part of our business model in the years ahead.”

The lay-offs hit half of the studio’s headcount, affecting two of the three development teams at the Activision Blizzard owned shop.