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DDM_LordShado
Wed Sep 30, 2009 4:01 pm

Funcom Layoffs
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Cost reductions and forced leave in Funcom

Funcom N.V has initiated a program of cost reductions, reductions in head count and use of forced leave (permittering) to better align the Company's operations to the current marketplace.

Around 20 % of the staff of the Company will be affected by headcount reductions or forced leave, mostly in the Company's Norwegian subsidiary.

The Company's development of the Age of Conan expansion pack and its preparations for launch in Korea will continue as planned, as will the preparations for the limited beta of its first free- to-play MMO scheduled to take place during Q4. The development of The Secret World will be some months extended due to the initiatives with even more focus on ensuring the delivery of a game that is fully in line with the high expectations amongst fans and gamers across the world.

For any further information regarding the above please contact:
Trond Arne Aas (CEO) + 47 2292 5900

[url=http://www.funcom.com/wsp/funcom/frontend.cgi?func=publish.show&func_id=1365&table=CONTENT]Source
