BREAKING: Telltale Games is closing up shop!?!?

Telltale Games the popular gaming company behind the choice based games such as The Walking Dead, Batman: The Enemy Within, Guardians of the Galaxy, Game of Thrones, Minecraft and The Wolf Among Us, is closing.

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The company will retain a small team of 25, fulfilling their current obligations. The majority of the staff, however, was laid off this morning.

The final season of Telltale’s award-winning series, The Walking Deadkicked off last month. The second episode is slated to launch next week. Staff were informed of the layoffs today and were given roughly 30 minutes to leave the building, according to one source. Telltale had previously announced a second season of The Wolf Among Us and a game based off of Netflix’s wildly popular show Stranger Things. The company has not yet commented on the status of those projects, though the outcome seems dire. On Twitter, one former lead writer wrote, “I’m so sad we won’t be able to show you all Wolf.

Despite their vast success, Telltale was always mired in rumors of toxic management that performed on the spot layoffs and notoriously over-worked their game developers. In June, co-founder and former CEO Kevin Bruner sued the company seeking recovery of financial damages. Telltale described the suit as “meritless.”

In a post on his personal site today titled “Telltale closure,” Bruner wrote that he is “saddened for the people who are losing their jobs at a studio they love. And I’m also saddened at the loss of a studio that green-lit crazy ideas that no one else would consider.”

What do you think of Telltale Games closing? Let us know in the comments.