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A local UK paper's website has follow-ups to this morning's
reports that Free Radical Design has closed. The official news is
that the company entered administration yesterday, and as many as 185 jobs are
at risk if the company goes under. Here's word from Cameron Gunn of
administrator Resolve Partners: "We will be spending the next three or four days
assessing the financial position of the company but it's business as usual,
although we have asked that almost all of the employees apart from a skeleton
crew remain at home." Gunn goes on to say: "All employees have been paid up
until the end of December and we hope to make another announcement before
Christmas or very soon thereafter, but we must stress at this stage that it's
business as usual." Thanks
Shacknews.
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