what also sucks is that they were actually attempting to add more interactivity to the gameplay with TWD: Final season. There was more control over killing walkers and trying to break small groups of them up so you don't get overwhelmed.
Horrible for everyone laid off. But it is definitely not a good time for newer developers to try to get jobs in AAA studios cause over 400 people between Telltale and Capcom Vancouver are now looking for jobs and will likely be applying for all positions everywhere.
Surely there's a lot of jobs in mobile gaming? These guys are way too qualified for that though. This is tragedy. I could at least accept it if they finished the games they were working on first. It's cruel reading the wolf among us 2 and then shutting down.
Probably mismanagement. It also sounds like they made the same mistake THQ made and just had too many games in production at once and burned through cash.
The banks are very unforgiving when you burn through your cash.