It is being reported that troubled developer 38 Studios has let their entire staff go today. Apparently, the staff hadn't been paid since May 1st, and as you're no doubt aware, the developer has been in a pretty sticky financial situation. Hopefully everyone who was let go will be able to land on their feet.
Possibly the biggest loss here is that of Big Huge Games, which 38 acquired in 2009. Developer of the legendary Rise of Nations series, Big Huge Games was saved from closure by 38 Studios after publisher THQ announced that Big Huge would be closed within 60 days unless a buyer stepped in.
The studio contains a lot of tested talent, so hopefully someone will swoop in to save them again.