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3DO Downsizing

Oct 11, 2001 12:38pm CST tags: Industry News: PC & Console
While there are no official releases out yet, apparently 3DO is downsizing. The Austin, TX office has been closed down, and word is that the Redwood City office (headquarters) is going to be laying people off as well. Apparently their last few games haven't sold as well as expected, and their stock price has been in the toilet for awhile now. No word yet on how many are being let go, or how large the Austin office was.
        

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