NCsoft offices undergoing 'realignment'
Posted by Massively [HTML][XML][PERM][FULL] on 4 December 2012, 6:00 pm

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This may fail to engender sympathy.
The hits just keep on coming for NCsoft. In the wake of City of Heroes' closure, the publisher's Seattle offices are apparently undergoing "realignment." The company has denied that the Seattle office is closing, but has noted that several positions in the office have been terminated as a result of recent events. No details were released regarding how many people have been let go or how this will affect titles under NCsoft's aegis.

NCsoft made a similar round of layoffs last year in October, with several offices hit with large staff reductions. This round comes in the wake of continued losses for the company, including a 12% reduction in revenue over the previous year, major losses already posted from earlier in the year, and a stock price that is currently half of what it was earlier in the year. Our best wishes go out to all those affected by these layoffs.

MassivelyNCsoft offices undergoing 'realignment' originally appeared on Massively on Tue, 04 Dec 2012 18:00:00 EST. Please see our terms for use of feeds.

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