Throne and Liberty and Guild Wars Company NCSoft Suffers Layoffs Amid Significant Restructure
NCSoft, the South Korean MMO specialist behind the likes of Throne and Liberty, Guild Wars 2, and Lineage, has confirmed a significant restructure of the company amid a sweeping round of layoffs.South Korean news agency Yonhap reported on comments from NCSoft co-CEOs Taek-Jin Kim and Byung-Moo Park, who blamed the incoming layoffs and reorganization on the company’s ongoing financial troubles. “We feel a deep sense of responsibility and offer an apology to all employees,” they said.The co-CEOs added that "as a result of operating in a way that most of the manpower and functions are concentrated at the headquarters, financial performance has continued to deteriorate and we are at risk of becoming a chronically loss-making company," and that this situation "is seriously …
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