UPDATE 2: According to the tweet below, an editor from US Gamer – Matt Kim, in light of the statement from Telltale Games today, the final season of The Walking Dead has been cancelled along with the upcoming Stranger Things game. TWD had previously released the first episode in the final season but it appears that the following episodes will not be released unfortunately.
UPDATE: Gamasutra has updated their story and is now reporting that there is word that the studio has only a small crew of about 25 people of what was estimated to be about 250 people staffed. These 25 people are apparently tasked with working on a single project and the rest were let go from the company earlier this week without any severance packages according to an article from The Verge. At this point, it sounds like all projects Telltale was currently working on or had in flight are in jeopardy of being cancelled.
ORIGINAL STORY: Telltale Games, the developer behind games such as The Walking Dead, The Wolf Among Us, Guardians Of The Galaxy, and more is reportedly shutting down. According to a report from Gamasutra, the layoffs occurred this afternoon as multiple developers posted social media posts regarding the situation.
This is a breaking and developing story and will be updated as further information is revealed. For now, our thoughts are with everyone affected by this decision. For more, stay tuned to Mammoth Gamers.