Report: Smith & Tinker Lays Off 30 Percent
Bellevue, WA-based gaming company Smith & Tinker has cut about 30 percent of its staff, according to a report in VentureBeat. The company has confirmed an unspecified number of layoffs. Led by co-founders Jordan Weisman and Joe Lawandus, Smith & Tinker had some 50 employees as of August, when it released its flagship game, Nanovor. The startup was founded in 2007 and has raised $29 million in venture funding from investors including DCM, Vulcan Capital, Foundry Group, Alsop Louie Partners, and Leo Capital Holdings.