https://wccftech.com/telltale-games-closing-walking-dead/

One of the most acclaimed developers of the past decade are probably about to close their doors. According to a report from The Verge and numerous tweets from journalists and now-former employees, Telltale Games, the developers of story-driven games based on The Walking Dead, Batman, and more, has been slammed by massive layoffs. The studio has gone from approximately 310 employees to only 25, meaning around 285 people have lost their jobs. Telltale has yet to issue an official statement, but word is the studio has had to file for bankruptcy.

The timing of the layoffs is particularly surprising, as Telltale just launched The Walking Dead: The Final Season – per a report from USGamer, the 25 still at Telltale will focus on getting the remaining The Walking Dead episodes released. A previously-announced second season of The Wolf Among Us and a series based on the Netflix’s Stranger Things have been cancelled.