Posted Thu, Nov 03, 2011 by Martuk
According to a recent release from Gameforge, the studio is realigning following its acquisition of a majority stake in Frogster earlier this year. As part of the restructuring, 100 jobs have been eliminated and development on Mythos and Hellbreed has been canceled. And unless a co-publisher can be found for Star Trek: Infinite Space that title could also fade into oblivion.
"Through a more efficient organisational structure, we can optimise our use of resources and great potential for further growth increase," said CEO Alexander Roesner in a statement. "This will strengthen our long term position in the dynamic market for online games."
Yesterday it was also announced that Frogster CEO and founder Christoph Gerlinger would be resigning after almost seven years at the top of the company.
As always, our best wishes go out to those affected by the layoffs. It’s certainly not a nice gift to receive this close to the holidays.