185 jobs at risk at computer games company
A COMPUTER games company which employs 185 people has gone in to administration.
Staff at Free Radical Design, which is based in Bostocks Lane, Sandiacre, turned up to work this morning to find the locks had been changed.
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An image from Timesplitters 2, one of Free Radical Design's games
A note stuck on the door told them to attend a meeting at the nearby Novotel at midday.
Cameron Gunn, of Resolve Partners, the administrators that have been called in to deal with the firm, said: "The company was placed in to administration yesterday afternoon.
"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."
"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."
It is unclear exactly how many people will lose their jobs.
The company are understood to have been working on a Star Wars game for LucasArts .
Other games released by the company include Haze, Second Sight and the Timesplitters series.
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by Uncle, Nottingham
Thursday, December 18 2008, 9:17PM
“Having found myself well and truly shafted by the credit crunch and now with more time on my hands than is healthy the first thing I did was buy a computer game to while away the hours waiting for the phone to ring with job offers. I do find it odd that the gaming industry is also struggling. Commiserations to all who are sharing my situation.”
by Michael Thornhill, Nottingham
Thursday, December 18 2008, 4:49PM
“Worked there about a year ago for a sort while, such a shame everyone there were great people and it was an excellent company to work for.
Best wishes to everyone there.”
by Bethany, Nottingham
Thursday, December 18 2008, 4:28PM
“Very sorry to hear about so many jobs in jeopardy. I don't understand how the administrator can say 'it is business as usual' when the locks have been changed.”
by NBW, Hucknall
Thursday, December 18 2008, 4:13PM
“A Christmas present the 185 employees, will never forget.
Sadly, many more company's will follow suit, in the near future.
My heartfelt feelings, are with with all those affected....”
by William Fotherington-Thomas, The Park
Thursday, December 18 2008, 4:06PM
“You've been reading rense.com ;)”