Just heard via CGtalk and confirmed with a someone i know that GRIN has axed 160 jobs across thier studios in Stockholm, Barcelona and Gothenburg... apparently due to bad sales of Wanted and their latests Terminator game, guess thats what happens when you expand the bubble so much!
http://forums.cgsociety.org/showthread.php?f=59&t=768094
http://forums.cgsociety.org/showthread.php?f=59&t=768094