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Disclaimer: This article does
not provide legal advice and
should not be interpreted
as such. If you have any
legal questions, please
consult with an attorney
licensed in your state.

I pr essed send, and one by one, the termination notices flew off to their
unlucky recipients. That was the simple part. I was the only one in the office at that point, surrounded
by several lined-up computers, assorted cables, fancy wire garbage cans, and cubicle walls for 10
workstations. The story behind the closure of my studio, Globex LA, was simple: The latest bridge loan
targeted our publishing and marketing effort in China, which meant that I suddenly had no funds to make
payroll. Given the suddenness of the situation, the only thing I could do was soften the blow and work to
dissolve the studio in a way that took care of our staff in the best way possible. Closing down a studio is
By Carey Chico not easy (and it never should be), but one can enter into it prepped and aware of the details that will help
make the process easier on both you and your employees. Hopefully, you’ll never have to use it.

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