According to Develop, all Team Bondi staff have received a letter offering them a job at KMM or a severance package.

It's unknown whether Team Bondi will continue post-release work on L.A. Noire, as Rockstar owns the series IP. With the supposed "final" piece of DLC already available on the PlayStation Store, it's unlikely Team Bondi will have anything more to do with the game.

Brendan McNamara, the maligned boss behind the title, is said to have taken a position at KMM. Awkwardly, he may be reunited with employees that complained of unfair practices during L.A. Noire's development.

Rumours had previously suggested that Team Bondi had gone bankrupt after McNamara was spotted perusing KMM's offices. We're almost certain this story is going to run and run.

[source eurogamer.net]