GameDaily sister site Big Download has heard from a source close to Hellgate: London studio Flagship Studios that almost everyone at the developer has been given the axe. Representatives at Flagship have yet to confirm the unfortunate news.

As it stands now, the fate of Flagship Studios, which was founded by former Blizzard North employees such as Bill Roper and Max and Eric Schaefer, is completely up in the air. It's also unclear what will ultimately happen to Hellgate: London or the currently in-development action-RPG Mythos.

The report from Big Download says that official word from Flagship is expected within "the next several days."