Ah that sucks, layoffs are very rarely a good thing, hopeflly those guys/gals/? will find somewhere new fairly soon.
I'm a little bit surprised at the sense of entitlement (maybe ignorance) going on in some of the posts though, especially any that are along the lines of 'it was a bad game, they deserve to get fired'. I really don't think being sore over dropping £40 on a below-par game is really cause to want someone to be struggling to pay their rent next month.
I mean, c'mon, are people no longer allowed to learn from their mistake? Hell, if I got fired from my job whenever I made a mistake I'd have been sacked more times than Jordan on a Saturday night.