Report: Funcom cutting 20 percent of staff, The Secret World delayed
by Griffin McElroy 
on Sep 29th 2009 11:20AM
According to a report from
Norwegian news site E24,
Funcom recently announced in a stock exchange briefing that it would be cutting 20 percent of its staff and, as a result, would delay the launch of
The Secret World by a few months. Following this announcement, the company's stock took a sizable 18 percent dip -- as did our hearts, which became somewhat infatuated with the developer's mysterious MMO at the Penny Arcade Expo.
This news is somewhat confusing considering the company decided to open a
brand new Montreal chapter earlier this month, where it was planning on hiring more than 100 people over the next year and a half. We've contacted Funcom to find out the reason for the cuts, and to see if this new studio will be affected.
[Via
Edge Online]
