Red 5 Studios Reorganization Announced

Lay-offs at MMO developer
Red 5 Studios has announced the development of an unannounced massively multiplayer online game. Recently, the team formed around a new direction and took on additional investment from a strategic partner in the online games industry.The company has restructured the team in order to accomplish this goal. As part of the restructuring, some team members chose to part ways while others were let go.