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	<title>Gameloft India &#8211; Video Game News, Reviews, Walkthroughs And Guides | GamingBolt</title>
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		<title>Gameloft has closed its Hyderabad studio</title>
		<link>https://gamingbolt.com/gameloft-has-closed-its-hyderabad-studio</link>
					<comments>https://gamingbolt.com/gameloft-has-closed-its-hyderabad-studio#comments</comments>
		
		<dc:creator><![CDATA[Kartik Mudgal]]></dc:creator>
		<pubDate>Wed, 30 Jan 2013 06:19:24 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Gameloft]]></category>
		<category><![CDATA[Gameloft India]]></category>
		<guid isPermaLink="false">http://gamingbolt.com/?p=136621</guid>

					<description><![CDATA[Reasons not given.]]></description>
										<content:encoded><![CDATA[<p><a href="https://gamingbolt.com/wp-content/uploads/2013/01/Gameloft.jpg"><img fetchpriority="high" decoding="async" class="aligncenter size-full wp-image-136626" alt="Gameloft" src="https://gamingbolt.com/wp-content/uploads/2013/01/Gameloft.jpg" width="499" height="307" srcset="https://gamingbolt.com/wp-content/uploads/2013/01/Gameloft.jpg 499w, https://gamingbolt.com/wp-content/uploads/2013/01/Gameloft-300x184.jpg 300w" sizes="(max-width: 499px) 100vw, 499px" /></a></p>
<p>Gameloft has closed its Indian studio located in Hyderabad, it has been revealed. Not only that, the employees were made to sign a note saying they are resigning due to personal reasons and this is probably something to do with withholding pay, but we are not sure at this stage.</p>
<p>Over 250 employees have lost their jobs and some of the them were told to pack up and leave immediately. Internet access was cut off as well.</p>
<p>The Indian studio mainly ported iOS games to Android, and this is surprising considering the company made a profit of 27% year-on-year.</p>
<p><a href="http://gamasutra.com/view/news/185669/250_out_of_work_as_Gameloft_suddenly_shuts_down_its_India_studio.php#.UQhfXUpa1Ds">Gamasutra</a> reports that some employees were suspicious and wary of signing the note and it seemed fishy to them. This would be a really shitty move if true because making employees leave voluntarily is a wrong business practice.</p>
<p>Tell us what you think in the comments section below.</p>
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