Activision ‘axes RedOctane’

Activision revealed the brutality of its latest redundancy operation over the weekend by confirming that Red Octane’s offices had closed down with substantial jobs cut.

The closure of RedOctane – a studio which only a year ago appeared in excellent health – adds to a worryingly growing list of Activision subsidiaries faced with the axe. It has been reported that as many as development 400 jobs have been cut by Bobby Kotick’s company following its recent financial report.

Develop has the full story.