Thursday, May 20, 2010
Cary / business
Icarus employees receive overdue paychecks
Posted
by Lisa Sorg
on
Thu, May 20, 2010 at 12:13 PM
Icarus Studios, which laid off three-quarters of its workforce April 30, has paid the back wages of its employees. As the
Indy reported two weeks ago, at the time of the layoff employees received only one-third of one paycheck and were still owed another week's pay.
Several employees have contacted the Indy to say they have been paid in full.
The Cary-based gaming company laid off 75 people as part of a restructuring after a large investor pulled its funding. Icarus produces the online game Fallen Earth and game engines.
Tags: Icarus Studios, Fallen Earth, layoffs