Layoffs at Funcom on the cards, number of employees affected unknown

The Secret World

By on August 22, 2012 at 10:54 am

As part of previously-announced “cost adjustment initiatives”, Funcom is looking to cut a large number of jobs. “Funcom is in the process of reducing operational costs and this process includes temporary layoffs as well as other initiatives,” reads a statement purportedly handed to Polygon and later confirmed by Erling Ellingsen.

The number of employees affected was not included as part of the statement, but Polygon is speculating that “up to half” of worldwide employees could be hit by the move, which is part of the moves announced to shareholders on August 10 designed to reduce operating costs.

Source: Polygon

Tags:
3 comments (Leave your own)

I always find it a strange use of language, when you cut staff and call it an ‘initiative’.

 

It’s stuff aimed more at placating investors than anyone else.

 

Exactly – It was made in a statement directed solely to shareholders, and saving money is an initiative from their point of view.

 
Leave a comment

You can use the following bbCode
[i], [b], [img], [quote], [url href="http://www.google.com/"]Google[/url]

Leave a Reply

PC Gaming Calendar 2014

Follow Games.on.net

YouTube

Steam Group

Upcoming Games

Community Soapbox

Recent Features
Dragon Age Inquistion

I Hope There Aren’t Any Straight Characters in Dragon Age: Inquisition

I'm no bigot, but I have to get this off my chest.

Divinity: Original Sin

Dungeons & Divinity: Why co-op Original Sin is just like a great game of D&D

This is one game that lovers of co-op and lovers of tabletop should not be missing out on.

civilization_beyond_earth_5

Why doesn’t Civilization: Beyond Earth look more alien? We ask Firaxis

Humans have some hard-wiring which is really difficult to get around, it turns out.

Wasteland 2

Chris Avellone talks RPG design, why new games are too hand-holding, and more

One of the biggest names in RPG design chats to us about what makes a game great.

Streaming Radio
Radio Streams are restricted to iiNet group customers.

GreenManGaming MREC

Facebook Like Box