August 17, 2012 by Volamoot at Mashable!
Update: OnLive’s director of corporate communications Brian Jaquet responded to Mashable saying,”no comment on the news other than to say, the OnLive service is not shutting down.”
We’re hearing unconfirmed reports that OnLive — a cloud gaming startup focused on bringing a console experience to devices such as the iPhone, iPad and Android phones — laid off its entire staff Friday.
According to a source close to the situation, the company called an all hands meeting at 10am PDT, at which the entire staff was fired. Some staffers may be rehired as the company transitions to its next unknown iteration.
posted by Mashable from http://mashable.com/2012/08/17/onlive-layoffs/