OnLive Service Not Shutting Down But Layoff Rumors Persist

Update: OnLive's director of corporate communications Brian Jaquet responded to Mashable with this: "no comment on the news other than to say the OnLive service is not shutting down."

We're hearing unconfirmed reports that OnLive -- a cloud gaming startup focused on bringing a console experience to devices such as the iPhone, iPad and Android phones -- laid off its entire staff Friday.

According to a source close to the situation, the company called an all hands meeting at 10am PT, at which the entire staff was fired. Some staffers may be rehired as the company transitions to its next unknown iteration.

OnLive most recently announced a partnership with Ouya, the Android-based h…
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