Fishlabs files for bankruptcy, but hopes to continue trading

25 jobs go as studio seeks investor to rescue business. Mobile-focused German studio Fishlabs has filed for the equivalent of bankruptcy, firing 25 staff in an attempt to cut costs sufficiently to be able to continue trading. The company is seeking investors to aid in its financial recovery. Most jobs have been lost from the marketing and art departments, with core development teams largely unaffected. The company hopes to continue as a business for the time being and has promised that Galaxy on Fire: Alliances, the free-to-play title currently under development, will still see release.

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