Gaming News: "NCSoft Pink Slip"
Posted: Tuesday June 27th, 2006
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Thursday (6/22), NCSoft "terminated" 70 of it's 300 employees. The "immediate restructuring" affects only NCSoft's Austin office and doesn't have any bearing on any of their development teams/projects. NCSoft representatives didn't give any solid reasons for for the layoffs, but layed blame on the general fluxuations in the gaming industry and a slowdown in upcoming launches.
Source: Game Spot [ more info ]
I certainly don't mean to make light of these folks losing their jobs. But, dumping 23% of their employees seemed a little excessive and I simply had to comment on it.
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