What the Funcom Layoffs Mean for Players
Players invested in Funcom's MMOs face uncertainty as staff cuts and a CEO exit raise questions about the studio's direction, while the story shifts blame toward ownership pressure rather than the dev…
Players invested in Funcom's MMOs face uncertainty as staff cuts and a CEO exit raise questions about the studio's direction, while the story shifts blame toward ownership pressure rather than the dev…
Key points - Funcom was hit with layoffs in the past week, as reported in the MMO week in review. - The layoffs will also see Funcom's longtime CEO toppled from the company. - Coverage framed the trouble as Tencent squeezing Funcom dry in spite of its success. - The source noted that the "failcom" moniker loses its charm given that framing. - The announcement told gamers the company will, though the source excerpt cuts off there.
Timeline - This past week: Funcom is slammed with layoffs that will also see its longtime CEO toppled.
FAQ
Q: Is Funcom shutting down? A: The source does not say that. It reports layoffs and the departure of the longtime CEO, with the announcement's details cut off in the excerpt.
Q: Why is Funcom laying people off? A: Coverage suggests the problem is mostly Tencent squeezing the company dry in spite of its success, rather than Funcom's own failures.
Q: Who owns Funcom? A: Tencent is referenced in the source as the party squeezing the company, though the excerpt does not detail the ownership arrangement further.
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