[Update 10:30pm] Stardock CEO Brad Wardell has confirmed the layoffs in a forum post, attributing the cuts to Elemental's updated revenue projections following its launch.
"Elemental's revenue was anticipated to provide the revenue both for our main games team's next project as well as a second team," writes Wardell. "Unfortunately, that is unlikely to happen so we've had to start laying people off."
"No one involved on the core components of Elemental is affected," he continues. "It would be great if we can bring as many of these people back over time if the studio can afford it."
Brad notes that this is the first time the company has had to lay anyone off since 1998 after migrating from the OS/2 market to Windows.
[Original Story] Shacknews has received an anonymous tip claiming that several employees of Stardock, developers of the recently released Elemental: War of Magic w...

Click here for More...

OH god, not Stardock. I hope this doesn't kill the indie games market.

Kinda doubt it - I've always hated their "Impulse" Steam competition service anyway, I hope it dies.

It being impulse or it being the company? Clarify your words, sir.

He's referring to their distribution service.

Thanks "heatsurge" for clarifying it...