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ArenaNet(Guild Wars and Guild Wars 2 developer) lays off 143 people and cancels projects

Bernkastel

Ask me about my fanboy energy!
https://www.geekwire.com/2019/guild-wars-2-developer-arenanet-confirms-layoffs-canceled-projects/
https://www.seattletimes.com/busine...renanet-developer-of-guild-wars-lays-off-143/
https://gamedaily.biz/article/625/a...number-of-staff-as-it-prepares-to-restructure
https://www.pcgamer.com/arenanet-lays-off-a-number-of-employees-ahead-of-ncsoft-west-merger/

ArenaNet, which employed more than 400 people according to LinkedIn, is owned by South Korean video game developer NCSoft.

“This is part of a larger organizational restructuring within NCSoft in the west, but the Guild Wars and Guild Wars 2 game services will not be affected, nor is any upcoming game content canceled,” the company said in a statement to GeekWire.

Citing an internal email, Kotaku reported that NCSoft West’s CEO Songyee Yoon told employees: “Our live game business revenue is declining as our franchises age, delays in development on PC and mobile have created further drains against our revenue projects, while our operating costs in the west have increased … Where we are is not sustainable, and is not going to set us up for future success.”


"We can confirm that due to the cancellation of unannounced projects, ArenaNet will make staff reductionsm," NCSOFT stated last week.
 

Bernkastel

Ask me about my fanboy energy!
Also, Relevant
https://undeadlabs.com/2019/02/jobs/a-message-for-our-friends-at-arenanet/
Undead Labs was created by former ArenaNet employees.
We invite all ArenaNet staff to join us for an open house at Undead Labs on Wednesday evening, February 27th, from 4:00 to 7:00 pm. We’ll do our best to coordinate with the entire Xbox Game Studios family to ensure we have broad representation of opportunity within all of our studios. We’ll be ready to share more about our open positions, our product plans, and our development culture with you. Dinner and parking on us. Please RSVP by letting a friend here at the Lab know you plan to attend, or send an email to: [email protected]
 
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zeorhymer

Member
I tried to hard to like GW2 after coming off of WoW and FFXI. Nothing really grabbed me and I couldn't even get halfway through leveling. Two different accounts were hacked within the first couple of years compared to never being hacked with the previous ones also put a big damper on my enthusiasm for the game. I wish them luck wherever they land.
 
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