Former Red Sox pitcher Curt Schilling’s video game company, 38 Studios, has laid off all its employees, an anonymous source at the company told The Boston Globe on Thursday.
The company, which moved from Massachusetts to Rhode Island in 2010 in exchange for $75 million in guaranteed loans, started to get headlines earlier this month after it missed a $1.1 million loan payment to the state. While it later made the payment, it was reportedly having trouble making payroll. Schilling has asked Rhode Island for more money, but the state has refused.
“There’s no more easy money,” Governor Lincoln Chafee said at a press conference last Friday.
According to the Globe, the Providence-based company had close to 400 employees.
Eric Lach is a reporter for TPM. From 2010 to 2011, he was a news writer in charge of the website’s front page. He has previously written for The Daily, NewYorker.com, GlobalPost and other publications. He can be reached at ericl(at)talkingpointsmemo.com