Lost Boys Interactive LLC, with a principal place of business located at 6417 Normandy Lane, Suite 201, in Madison, will be laying off approximately 125 total employees, including 12 in Wisconsin, according to a recent WARN notice. This mass layoff is expected to be permanent.
All affected employees have been notified in writing of their separation dates and that their separation of employment will be permanent at this time. Local officials have also been appropriately notified. Affected employees are expected to be separated from employment beginning March 15. None of the affected employees are represented by a union or subject to a collective bargaining agreement. There will not be any bumping rights for the affected employees.
A list of impacted employee positions is available here.
Editor’s note: A previous version of this story has been updated to reflect that 12 of the approximately 125 layoffs will be Wisconsin employees.
