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Brief: NewTek Layoff

Rumor only partly true By Stephen Schleicher
As frenzy begins to escalate with the first showing of LightWave 7.5 this week, a rumor has been circulating that NewTek has closed it's San Francisco facility, home to much of the LightWave team.

I made a quick phonecall Sunday to NewTek and spoke with a representative who said that the San Franciso offices were not closing. NewTek is however centralizing the marketing portion of the company back to San Antonio, Texas, and this lead to several layoffs. So the rumor, is somewhat true, but not all together so.

I was told that the core team behind LightWave 3D were still there and are still working in San Franciso.

In postings on the NewTek discussion forum, Chuck Baker posted the following

"LW development has always been based in SF, but for a good many years proceeded without a formal office. The office, when established, housed marketing and liaison staff and several of the developers already working in SF, but not the primary developers, Allen Hastings and Stuart Ferguson.

Marketing and liaison staff will now be based in the SA office, while the LW development staff, which is in fact larger now than it has ever been, continues to work in SF."

You can access the complete forum posts here

If things change, be sure to check here, as we will keep you updated with the facts.

For more information on LightWave, Aura, or the Video Toaster 2.0, be sure to visit NewTek at

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Stephen Schleicher is a well known writer, visual effects artist and media guru! You can see more of Stephen at and
Related Keywords:newtek, lightwave

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