Something to consider.
Telltale had upwards of over 100 people working for the company. Everything I've read says that a studio with their production schedule should have had much more, but also a studio of their financial means was way in over its head.
Bigger studios like Ubisoft are already mostly packed with employees. So the employees that will find work are likely only the most talented of the 100+. It won't be many unless a new studio wants to make the same mistakes Tell tale did.
And, if everyone that worked for Telltale knew that the company was garbage and hated working there, wouldn't they have looked for work with other companies? You have to assume that maybe they couldn't land jobs elsewhere. Why would they suddenly get jobs now?
I'm not saying this to put Telltale employees down. I'm merely pointing out that there is no way every laid off employee finds work in the video game industry. I would be surprised if 25% of them do within a year.

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