A gaming firm has wound up its operations in Malta, laying off around 140 remaining employees, breaking the news just in time for Christmas.
Employees were told on Friday that Genesis Global Limited had filed for insolvency and that they were being made redundant after it had decided to “permanently close its operation in Malta”.
They were told they could not be promised their December salary and neither any other payments they were due. They were also told to take any pending vacation leave.
Employees received an email informing them that the company had started proceedings in court for it to be declared insolvent after it faced “serious financial difficulties”.
