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157 video-game workers lose jobs

Friday August 20th 2010

Around three-quarters of the workforce at video-game producer Realtime Worlds have lost their jobs as the company called in the administrators.

Begbies Traynor has been appointed to administrate any potential sale of the firm, whose latest release has not been selling well.

A total of 157 out of the 210 staff were told earlier this week that they no longer have a job, while 28 Realtime Worlds workers in Colorado, USA, were also made redundant.

In 2002 the business was established by Dave Jones, creator of action-adventure series Grand Theft Auto, which has sold at least 50 million copies worldwide.

Joint administrator Paul Dounis said: "We are actively pursuing all these expressions of interest which have come from both the UK and US."

Copyright © Press Association 2010

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