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Curt Schilling’s 38 Studios lays off entire staff

Prospects called bleak for ailing R.I.-based video games maker

By Todd Wallack, Mark Arsenault and Hiawatha Bray

 |  Globe Staff  

  May 25, 2012

Curt Schilling’s troubled 38 Studios laid off its entire staff in Rhode Island and Maryland on Thursday in a stunning turn of events for the former Red Sox pitcher’s ambitious gambit to build a video game franchise off the back of a winning baseball career. The decision comes less than two weeks after 38 Studios’ financial woes surfaced, and deep cracks began appearing in the six-year-old company that was lured from Maynard to Rhode Island on the promise of a $75 million loan guarantee.

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