Trendy Entertainment, best known for its Dungeon Defenders series, has admitted to laying off a fifth of its staff.
The news was reported today by GamesIndustry.biz, though the exact number of affected staff was not given. The layoffs have occurred across both the development and marketing teams.
CEO Darrell Rodriguez said that the studio is currently "not profitable," with cashflow being a major concern in the lead-up to Dungeon Defenders 2's release. He says that the layoffs "gives us enough runway to allow us to meet the short and long term goals we've set for Dungeon Defenders II,
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