Update: Realtime Worlds announces 185 redundancies

A total of 185 staff have been made redundant after Realtime Worlds went into administration on Tuesday, owing UK creditors around £3 million.

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A total of 185 staff have been made redundant after Realtime Worlds went into administration on Tuesday, owing UK creditors around £3 million.

Just 53 jobs out of 210 were saved at the gaming company’s development operations in Dundee, while 14 jobs out of 42 were retained at Realtime’s parent company head office and online operations in Colorado.

Paul Dounis, joint administrator from Begbies Traynor, said: “We very much regret the redundancies that we have had to make.”

The latest job cuts are in addition to the 60 staff Realtime made redundant at its Dundee operations on Friday.

However, the administrators said that potential buyers from the UK and US have expressed interest in purchasing Realtime.

“We are actively pursuing all these expressions of interest,” said Dounis.

Dounis added that Realtime was continuing to trade, and that the company’s latest gaming title, online action game ‘APB: All Points Bulletin’ can still be played as its servers were still running. The game was released two months ago, after five years in development. However, it reportedly received “lacklustre” demand.

Realtime Worlds was founded by Dave Jones, the creator of Lemmings and Grand Theft Auto, in 2002.

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