The Secret World developer Funcom has announced that it is set to restructure the company, leading to studio closures and layoffs.
“Funcom has initiated a process of restructuring the company around its core products and technology,” the developer said on its website. “The restructuring of the company will involve cost reductions through the closure and the consolidation of offices with the goal of creating a stronger unified organization that can take full advantage of the exciting opportunities that face the games industry as it steps into 2013 and beyond.”
Funcom promised to focus strongly on support for Age of Conan, Anarchy Online, and The Secret World. Dubbing the latter’s recent buy-to-play switch as a huge success.
“We are building the basis of a very sustainable business” said Funcom CEO Ole Schreiner. “With a restructured organization, we will have a joint team of the best-of-the-best working together to expand our existing online worlds and to create new, exciting and memorable online experiences.”