He gave an emotional explanation about why layoffs had to occur now at GPG instead of later and why he's not yet sure about what to do with the current Kickstarter campaign. He is asking for fan feedback. You can watch Chris Taylor's video over on the Kickstarter page.
Gas Powered Games is the developer responsible for creating the Dungeon Siege series, Supreme Commander, and, most recently, Age of Empires Online.
Sources told Kotaku that everyone except for “CEO Chris Taylor and one or two people” have been let go. According to the Gas Powered Games website, the company employsover 60 people, so it’s quite a significant drop.
Chris Taylor issued a statement to Kotaku confirming the layoffs saying, “We do have a layoff, and we’ll be updating our Kickstarter as well with details as well very soon.”
As of right now, the Kickstarter campaign is still live and collecting money despite no update on its development and the lack of a studio to complete it. The last update was from yesterday, showing the gameplay in action and giving a thorough update on the various states of development. As of this writing, Wildman's campaign has raised $174,000 of the $1.1 million goal.